Jim Had a Beginning Inventory of $5,500

question 9

Multiple Choice

Jim had a beginning inventory of $5,500.During the month of April he purchased $4,000 of food and had an ending inventory of $3,800 at the end of the month.His sales for April were $8,750.What was his inventory turnover?

• A)1)88 turns
• B)86:1
• C)45.7%
• D)1)2 times

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Definitions:

Direct Pressure

A first aid technique that involves applying pressure directly to a wound to stop bleeding.

Systemic Circulation

The process by which the heart pumps oxygen-rich blood to all body parts except the lungs and returns oxygen-poor blood back to the heart.

Heart Failure

A chronic condition where the heart is unable to pump blood effectively, leading to accumulated fluids and shortness of breath.

Pulmonary Congestion

Accumulation of fluid in the lungs, often leading to difficulty breathing and other respiratory symptoms.