Mathematics, 29.01.2021 14:00, jpwalker9017
A recent physical inventory at a department store reports a merchandise value of $976,454. The merchandise book value was $1,150,450. The merchandise sales were $2,950,675. What is the shrinkage as a percentage of sales?
a) 2.3%
b) 4.6%
c) 5.9%
d) 7.9%
Answers: 1
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A recent physical inventory at a department store reports a merchandise value of $976,454. The merch...
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