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%
Answer: 10 cm
Step-by-step explanation:
The answer would be 10cm for the boys because if you think about it all together for boys and girls it’s 161 cm and girls have 151 cm so if you add them toge your suppose to get 161 cm so the answer is 10 cm
Answer:
The company's profit in 2007 was 11.088 millions
Step-by-step explanation:
This is a compound interest problem where the initial amount is 8.8 million, the interest rate is 6% and the time period is 4 years and it gets compounded yearly. So we can use the compound interest formula, that is given by:
A = P*(1 + r/n)^(n*t)
Where A is the final amount, P is the initial amount, r is the rate, t is the total amount of time and n is the number of times it gets compounded in one year. We can now use all the values that were given to us to find out the profit of the company.
A = 8.8*(1 + (0.06))^(4) = 8.8*(1.06)^16
A = 8.8*1.26 = 11.088 millions
So the company's profit in 2007 was 11.088 millions
