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Good Grooming Supplies takes inventory quarterly and bases inventory on selling price. Beginning inventory for the year was $91,000. Inventory at the end of the first quarter was $89,500; at the end of the second quarter, $74,120; at the end of the third quarter, $82,210; and at the end of the year, $79,170. Net sales for the year equal $249,600. Compute the inventory turnover at retail.​

On May 22, 2024


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Chantel purchased $292,565.00 worth of stock and paid her broker a 1% broker fee.She sold the stock when it increased to $436,527.00 three years later and used a discount broker that charged $140 per trade.Determine Chantel's net proceeds after all broker fees were paid.

On May 21, 2024