The Net Sales for Casual Fashions, Inc

question 3

Multiple Choice

The net sales for Casual Fashions, Inc. last year amounted to $1,126,800 and the average inventory at retail was $212,604. The published inventory turnover at retail is 6. Calculate the inventory turnover at retail, and if it is less than the published rate, calculate the target average inventory at retail. (Round your answer to the nearest dollar)

• A) Turnover is greater
• B) $178,800
• C) $187,800
• D) $212,500

---

Definitions:

Neurotic Anxiety

Anxiety that arises from an unconscious fear that the control mechanisms one uses to keep unacceptable feelings or thoughts out of conscious awareness might fail.

Psychodynamic Approach

A psychological perspective that analyzes how behavior springs from unconscious drives and conflicts.

Sociocultural Approach

refers to the study of how society and culture influence behavior, attitudes, and mental processes.

Generalized Anxiety Disorders

A mental health disorder characterized by persistent and excessive worry about various aspects of daily life.