Calculate the shortage or overage percent, given the following information. Present your answer with a percent sign, rounded to two decimal places (i.e. 19.64%). NOTE. There is another question in this quiz using the same data. Opening inventory $64,280 RTV $960 Gross purchases $123,645 Customer returns $9,780 Gross sales $105,420 Transfers in $12,219 Transfers out $9,769 Markdowns $15,290 Markdown cancellations $940 Employee discounts $670 Closing physical inventory $77,700
Calculate the shortage or overage percent, given the following information. Present your answer with a percent sign, rounded to two decimal places (i.e. 19.64%). NOTE. There is another question in this quiz using the same data. Opening inventory $64,280 RTV $960 Gross purchases $123,645 Customer returns $9,780 Gross sales $105,420 Transfers in $12,219 Transfers out $9,769 Markdowns $15,290 Markdown cancellations $940 Employee discounts $670 Closing physical inventory $77,700
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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4. Calculate the shortage or overage percent, given the following information. Present your answer with a percent sign, rounded to two decimal places (i.e. 19.64%).
NOTE. There is another question in this quiz using the same data.
| Opening inventory | $64,280 |
| RTV | $960 |
| Gross purchases | $123,645 |
| Customer returns | $9,780 |
| Gross sales | $105,420 |
| Transfers in | $12,219 |
| Transfers out | $9,769 |
| Markdowns | $15,290 |
| Markdown cancellations | $940 |
| Employee discounts | $670 |
| Closing physical inventory | $77,700 |
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