Answer: number 1: 7/14
number 2: 16/24
Step-by-step explanation:
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.
The formula for the area of a trapezoid is a=1/2(b1+b2)h
So 10*5 = 50 *4 = 200 then divided by 2 is 100 so the answer is 100
