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jdot jdot
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A week ago
Solve the problem.

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 $13,441.29 and sales of furniture were . Find (a) Stock turnover at cost, and (b) stock turnover at retail. Round to the nearest hundredth.

▸ (a) 4.41, (b) 4.47

▸ (a) 1.93, (b) 1.91

▸ (a) 2.31, (b) 8.52

▸ (a) 4.47, (b) 4.41
Textbook 
Business Mathematics

Business Mathematics


Edition: 15th
Authors:
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boomers1234boomers1234
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