Ok i have this math problem that im really stuck on and its on Retail inverntory (its for a retail buying course) and im really frustrated and confused on how to complete the problem which is:
The women's department had an opening inventory of $64,000. The net purchase were $105,000 gross sales were $130,000, customer returns were $5000, and markdowns--including employee discounts--were $7600. Shortages of 2%. Calculate: A) the closing retail book inventory B) The estimated physical inventory
2007-02-07
14:15:59
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1 answers
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asked by
krissy t
2
in
Mathematics