Average inventory at cost: $18,127
average inventory at retail: $24,870
cost of goods sold: $46,971
retail sales: $63,410

find the stock turnover at cost. round to the nearest hundredth.

2.59

Step-by-step explanation:

Given that average inventory at cost = 18127/-

Cost of goods sold =46971

Hence stock turnover ratio at cost = cost of goods sold/average inventory

= 46971/18127 =2.59

(There is another method also to calculate stock inventory ratio

Stock inventory ratio = Retail sales/Average inventory at retail

=63410/24870

=2.5496

=2.55)

Since our question asks stock turnover at cost we get answer as

2.59

c

step-by-step explanation:

it isn't d, because the interquartile range is from 27-57. and the interquartile range is basically half the data, it's pretty obvious.

it isn't b, because like i said earlier, the interquartile range is from 27-57. 57-27 is 30. the real range has to be longer

not a either. although it looks like it, 3/4 of the data is not greater than 27. but if c is wrong than this should be correct

the correct answer is c, because 13 is the point in which the plot starts

step-by-step explanation: