Answer:
The shrinkage as a percentage of sales is 1.6%.
Step-by-step explanation:
In order to find the percentage of the sales that can be contributed to shrinkage, we first need to find the amount of shrinkage between the book value ($907,340) and the physical inventory ($875,435). The difference between these two values is $31,905. With this value of shrinkage, I then divide by the total amount in sales, which is $1,988,345. This would give me an overall percentage of 1.6%, which represents the shrinkage as a percentage of sales.
Answer:
Hey there!
The sweater is selling for 85% of the original price
0.85(18)=15.30
1.08(15.30)=16.52
Let me know if this helps :)
Im pretty sure it is the first one
Answer:
true
Step-by-step explanation:
it was X+12
The first one is 63.9 and the second should be 116.1