The target average inventory if the publish rate is greater than the inventory turnover, average inventory and inventory turnover and round off to nearest tenth when the net sale is $4,570,000 and beginning and ending inventory are provided as $854,000 and $650,300 respectively and the published rate is provided as 8.2.

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Answer 1

Question

Chapter 16.III, Problem 4RE

To determine

To calculate: The target average inventory if the publish rate is greater than the inventory turnover, average inventory and inventory turnover and round off to nearest tenth when the net sale is $4,570,000 and beginning and ending inventory are provided as $854,000 and $650,300 respectively and the published rate is provided as 8.2.

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Answer 2

Question

Chapter 16.III, Problem 4RE

To determine

To calculate: The target average inventory if the publish rate is greater than the inventory turnover, average inventory and inventory turnover and round off to nearest tenth when the net sale is $4,570,000 and beginning and ending inventory are provided as $854,000 and $650,300 respectively and the published rate is provided as 8.2.

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Answer 3

Question

Chapter 16.III, Problem 4RE

To determine

To calculate: The target average inventory if the publish rate is greater than the inventory turnover, average inventory and inventory turnover and round off to nearest tenth when the net sale is $4,570,000 and beginning and ending inventory are provided as $854,000 and $650,300 respectively and the published rate is provided as 8.2.

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Answer 4

Question

Chapter 16.III, Problem 4RE

To determine

To calculate: The target average inventory if the publish rate is greater than the inventory turnover, average inventory and inventory turnover and round off to nearest tenth when the net sale is $4,570,000 and beginning and ending inventory are provided as $854,000 and $650,300 respectively and the published rate is provided as 8.2.

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Answer 5

Chapter 16.III, Problem 4RE

To determine

To calculate: The target average inventory if the publish rate is greater than the inventory turnover, average inventory and inventory turnover and round off to nearest tenth when the net sale is $4,570,000 and beginning and ending inventory are provided as $854,000 and $650,300 respectively and the published rate is provided as 8.2.

Answer 6

Chapter 16.III, Problem 4RE

To determine

To calculate: The target average inventory if the publish rate is greater than the inventory turnover, average inventory and inventory turnover and round off to nearest tenth when the net sale is $4,570,000 and beginning and ending inventory are provided as $854,000 and $650,300 respectively and the published rate is provided as 8.2.

Answer 7

Chapter 16.III, Problem 4RE

To determine

To calculate: The target average inventory if the publish rate is greater than the inventory turnover, average inventory and inventory turnover and round off to nearest tenth when the net sale is $4,570,000 and beginning and ending inventory are provided as $854,000 and $650,300 respectively and the published rate is provided as 8.2.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 16.I - You are the merchandise manager at Best Buy. The...Ch. 16.I - Prob. 2TIE Ch. 16.I - Prob. 3TIE Ch. 16.I - Prob. 4TIE Ch. 16.I - Prob. 1RE Ch. 16.I - Prob. 2RE Ch. 16.I - 3. Calculate the total number of units available...Ch. 16.I - When the merchandise manager of Advance Auto Parts...Ch. 16.I - Prob. 5RE Ch. 16.I - The following data represent the inventory figures...

Solution Summary: The author calculates the target average inventory at retail if the publish rate is greater than the inventory turnover and round off to nearest tenth when the net sale is 4,570,000.

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