Answer:
7.80 times
Explanation:
First of all we have to calculate the average inventory
Opening inventory= 159,000
Closing inventory= 200,000
Average inventory= (opening inventory+closing inventory)/2
= ( 159,000+200,000)/2
= 359,000/2
= 179,500
The next step is to find the merchandise inventory turnover which is calculated as
= Cost of goods/ Average inventory
Cost of goods= $1,400,000
Average inventory= 179,500
= 1,400,000/179,500
= 7.799 times
= 7.80 times (to 2 decimal places)
Hence the merchandise inventory was turned over 7.80 times in 2019
Home goods has things like that or world market
1,3,4,6
i think, good luck!
Answer:B.
Maria has a bachelor’s degree in chemistry. She has recently applied for a graduate program in organic chemistry. She likes to reads articles related to organic chemistry and is a member of an online community of like-minded people.
Explanation:
Answer:
evaporation
Explanation:
In a climatological sense, dryness is a function of both annual rainfall and evaporation.
