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 retail. round to the nearest hundredth.

2.55

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 retail we get answer as

2.55

d) by the cross product property, ab^2 = bc multiplied by ad

step-by-step explanation:

we are given

in the given triangle abc

angle a is 90° and segment ad is perpendicular to segment bc

we can see that

triangle(abc) and triangle(abd) are similar because they have common side and same angle (90 degree)

so, triangles(abc) and abd are similar

since, they are similar

so, the ratio of their sides must be equal

we get

now, we can cross multiply

and we get

so, this could be step to prove it