At the Start of the Year, Bottom Dollar Discounters Had

question 38

Multiple Choice

At the start of the year, Bottom Dollar Discounters had inventory worth $197,400 at retail. On December 31, the retail value of the inventory was $318,100. If annual sales amounted to $1,907,350 find the inventory turnover at retail for the year. (Round your answer to the nearest tenth)

• A) 9.7
• B) 7.4
• C) 6.0
• D) 3.7

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Definitions:

Landslide Blocks

Large pieces of earth, rock, or debris that move downhill rapidly due to gravity, often caused by saturation from rainfall or seismic activity.

Location of Rock

The specific geographical placement or setting where a rock formation is found.

Mudflow Deposits

Sediments left behind by mudflows, which are fast-moving flows of water and volcanic material or other sediment that can bury landscapes and structures.

Landslide Blocks

Large pieces of rock or soil that have moved down a slope in a mass movement event, often due to gravity or seismic activity.