A company had net sales of $306,000. The beginning inventory at retail was $124,000 and the ending inventory was $156,000. Find the turnover rate at retail. The turnover rate is ________
A company had net sales of $306,000. The beginning inventory at retail was $124,000 and the ending inventory was $156,000. Find the turnover rate at retail. The turnover rate is ________
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 6P
Related questions
Question
A company had net sales of
$306,000.
The beginning inventory at retail was
$124,000
and the ending inventory was
$156,000.
Find the turnover rate at retail.
The turnover rate is __________
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