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.
Answer:
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Step-by-step explanation:
Simple place value
X >7. I hope this helps, happy learning.
Step-by-step explanation:
=2* ( l+b )
=2* ( 11.37+9.245 )
=2* 20.595
=41.19
