Solve the problem. Round stock turnover to the nearest hundredth and dollar amounts to the nearest cent.A furniture store has an average inventory of  at retail, and an average inventory of  at cost. The cost of goods sold for the same period is $17,311.32 and sales of furniture were . Find (a) Stock turnover at cost, and (b) stock turnover at retail.

A. (a) 1.44, (b) 1.43
B. (a) 4.68, (b) 4.65
C. (a) 4.65, (b) 4.68
D. (a) 3.26, (b) 6.67


Answer: B

Mathematics

You might also like to view...

Decide whether the relation is a function.{(-3, 9), (2, -3), (6, 4), (9, 1), (10, 9)}

A. Not a function B. Function

Mathematics

Simplify the expression by combining like terms, if possible.3b - 8b

A. -11b B. -5b C. 5b D. -5b2

Mathematics

Evaluate the function.Given f(x) = -16x + 5, find f(-10).

A. -16 B. -155 C. 165 D. 155

Mathematics

Find the coordinates of (a) the vertex and (b) the x-intercepts of the given quadratic function to the nearest hundredth.y = 2.913x2 - 2x + 

A. (a) (1.07, 2.70) (b) (3.15, 0), (-0.32, 0) B. (a) (0.34, 3.15) (b) (2.913, 0), (1.46, 0) C. (a) (1.43, 2.913) (b) (0, 0) D. (a) (0.34, 1.43) (b) There are no x-intercepts.

Mathematics