Mindys Mitten Mega-Mall wants to calculate the closing book stock at retail. She conducted a...
70.2K
Verified Solution
Link Copied!
Question
Finance
Mindys Mitten Mega-Mall wants to calculate the closing book stock at retail. She conducted a physical inventory count on February 15 and had $60,000. She has planned purchases from February 16 through March 16 totaling $80,000. The gross sales were $127,000 and had $8,000 customer returns and allowances. Additionally, she had $1,700 in markdowns, $600 in employee discounts, and $1,300 in returns to vendors. What is Mindys closing book stock at retail?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.