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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 133
Solve the following application problems. Round stock turnover to the nearest hundredth.
STOCK TURNOVER AT RETAIL Jumbo Market has an average canned-fruit inventory of $2320 at retail. Retail sales of canned fruit for the year were $98,669. Find the stock turnover at retail.
STOCK TURNOVER AT RETAIL Jumbo Market has an average canned-fruit inventory of $2320 at retail. Retail sales of canned fruit for the year were $98,669. Find the stock turnover at retail.
Explanation
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It is given that the average inventory a...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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