Answer:
What?
Step-by-step explanation:
0.22% shrinkage as a percent of sales.
To calculate shrinkage you subtract the physical inventory value from the book value.
245,000-237,000 = 800
The shrinkage was $800. To find the shrinkage as a percent of sales take the shrinkage value and divide it by the sales value to get shrinkage as a percentage of sales.
800 / 360,000 = 0.0022....
Multiply Decimal by 100 to get the percentage
100 * 0.0022.... = 0.22%
This is the associative property. Basically if you move the parenthesis either to left or right you’ll still get the right answer. So 4 times 5 equals 20 and 20 times 3 equals 60. 3 x 4 equals 12 and 12 x 5 equals 60
Each mile took 7.5 minutes. So we did this by dividing 30 by 4. Hope this helped you :)
