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Alborosie
3 years ago
14

Kevin wants to lose 5 pounds of fat. he finds it difficult to cut back on his eating, so he decides that he will walk an hour ea

ch day to burn more calories. how many extra calories must he expend to lose a pound of fat?
Business
1 answer:
Umnica [9.8K]3 years ago
3 0
You can't tell because we don't know how much calories he burns each day from walking and how much calories he intakes each day
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On March 15, a fire destroyed Interlock Company's entire retail inventory. The inventory on hand as of January 1 totaled $4,950,
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Answer: Option (c) is correct.

Explanation:

Gross profit of 30% means that every $1 of Sales require $0.7 of inventory and cost of freight.

So, inventory used to generate sales of $3,630,000:

= $3,630,000 x 0.7

= $2,541,000

Total inventory during the period:

= Beginning inventory + Purchases

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= $6,999,000

Remaining Inventory:

= (Total inventory - Inventory used to generate sales) + freight-in

= ($6,999,000 - $2,541,000) + $234,000

= $4,692,000

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