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%
P=i/rt
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Hope it helps
The line would intersect with the y-axis at (0,0)
Answer:
This is because to square a number just means to multiply it by itself. For example, (-2) squared is (-2)(-2) = 4. Note that this is positive because when you multiply two negative numbers you get a positive result.
Slope-intercept form looks like this: y = mx + b. For your equation, simply add 3x on both sides: y = 3x + 19.