Answer:
15 = 0.025
16= 3 years
Step-by-step explanation:
15.
I=prt
15= (200)(r)(3)
200(3) = 600r
15 divided by 600r = 40 (0.025)
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16.
I=prt
t= 3 years
Start at 0,0 and go up on over 4 and keep going and do it both ways
until you run out of room
Inventory turnover is
Cost of goods sold divided by the average merchandise inventory
First we should find the average merchandise inventory
Add the inventory on hand at the start of the year to the inventory on hand at the end of the year and divide the result by 2 to find the company's average inventory
(12,000+10,400)÷2=11,200
Now find the inventory turnover
Divide the company's cost of goods sold for the year by the average inventory to figure the company's inventory turnovers per year.
18,000÷11,200=1.61.....answer
Hope it helps
Answer: The answer is B, 6 1/2
Step-by-step explanation:
6+5= 11
1/2+1/2= 1
11+1= 12
12-3=9
