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What is the inventory turnover at retail rounded

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Reference no: EM132675125

Problem 1: An auto insurance premium may be partially based on the

A. attitude of the driver.

B. expected life of the car.

C. make of the car.

D. number of years one expects to drive a car.

Problem 2: With net sales of $40,000, beginning inventory at retail of $14,000, ending inventory at retail of $20,000, and cost of goods sold of $19,500, what's the inventory turnover at retail rounded to the nearest hundredth?

A. 2.35

B. 5.23

C. 5.15

D. 3.25

Problem 3: To avoid distortion of extreme values, a good indicator would be the

A. mean.

B. median.

C. weighted mean.

D. mode.

Reference no: EM132675125

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