Solve the problem. Round stock turnover to the nearest hundredth and dollar amounts to the nearest cent.Best Value Cards and Gifts has an average inventory of $25,400 at retail. If a 30% markup on cost is used and the cost of goods sold at this time is $88,100, find the turnover at cost.
A. 2.43
B. 4.96
C. 11.56
D. 3.47
Answer: B
Mathematics
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