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I need hep with these two questions using the chart. Please show your work for both & give an explanation for Question 3 Refer to
I need hep with these two questions using the chart. Please show your work for both & give an explanation for Question 3
Refer to the chart and formula below to answer Qs 3-4: Average Stock = (total of all months' beginning inventories + ending inventory for the period) / (total number of inventories) 3. What is the EOM (end of month) stock figure for December 31 ? How did you come up with this? [HINT: you don't actually have to calculate anything for this one.] 4. What is the seasonal stock turnover? Show your work. Refer to the chart and formula below to answer Qs 3-4: Average Stock = (total of all months' beginning inventories + ending inventory for the period) / (total number of inventories) 3. What is the EOM (end of month) stock figure for December 31 ? How did you come up with this? [HINT: you don't actually have to calculate anything for this one.] 4. What is the seasonal stock turnover? Show your work
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