Remaining Time: 2 hours, 28 minutes, 10 seconds. Question Completion Status: Expenses $176,434 1 points QUESTION 23 explain what is goodwill and which financial statement is it found in? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI VS Paragraph Arial > 10pt E. WORDS POWERED BY TINY 1 points Save Auswer QUESTION 24 The housewares department received a new shipment of straw placemats. During the first day on the floor, 10 placemats or 20% of the group sold. How many placements were in the original shipment? 1 points wer QUESTION 25 Using the concepts learned in class, what does in the red mean? Click Save and submit to save and submit. Click Save All Answers tove all curswers K MW Save and Sub QUESTION 25 Using the concepts learned in class, what does in the red' mean? For the toolbar, press ALT+F10 (PC) or ALTOFN+F10 (Mac). BIVS Paragraph Arial v 10pt O WORDS POWERED BY TINY P 1 points Save Answer QUESTION 26 Explain the concept of inventory turnover and why is it important to retail companies? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI VS Paragraph Arial 10pt . P O WORDS POWERED BY TINY Click Save and submit to save and submit. Click Save All Answers to save all answers We All Answers Save and submit QUESTION 27 As per this course and not a google definition, explain the cost price trade off with an example ee For the toolbar, press ALT=F10 (PC) or ALTFNF10 (Mac). BIVS Paragraph Arial v 10pt !!! O WORDS POWERED BY TINY P 1 points Save Answer QUESTION 28 Explain inventory shrinkage? List at least two different ways that inventory can shrink? For the toolbar.press ALT=F10 (PC) or ALT+FN+F10 (Mac). BI y . Paragraph Arial 10pt ili O WORDS POWERED BY TINY 1 points Save Answer QUESTION 29 Click Save and Submit to save and submit. Click Save All Answers to save all answers. 1 points Save Answer QUESTION 29 If a company buys inventory at $26,000 cost and the markup is 48%, what is the net sales? Click Save and Submit to save and submit. Click Save All Answers to save all answers, Save All Answers Save and Submit . () ng % 2 @ 3 1 5 4 OT 8 6 7 &