Assume Staley's Had Net Sales of $72,000 Per Day, Beginning

question 31

Multiple Choice

Assume Staley's had net sales of $72,000 per day, beginning inventory of $22,000, and ending inventory at retail of $18,900. What was the inventory turnover at retail?

• A)3.57
• B)3.5
• C)5.5
• D)3.0
• E)None of these

---

Definitions:

Merge Fields

Placeholders in a document that can be automatically replaced with data from a database or another source when the document is generated.

IF Field

A conditional statement in certain software programs that performs different actions based on the truth of specified conditions.

Recipient's City

The city address of the person or entity receiving a shipment or mail.

Mail Merge Wizard

A step-by-step guide provided by word processing software to help users efficiently complete a mail merge operation.