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MMLU-Pro / 118 / A business started last year with an inventory of 90,000 items which cost…
Problem
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category
business
question
A business started last year with an inventory of 90,000 items which cost 80,000, At the end of the year, the inventory consisted of 70,000 items which cost 120,000. Records indicate that, during the year, 360,000 items were sold which cost 380,000. What are thestockturnrates at cost, selling price, and number of units?
Plain-text mathematical notation (without MathML)
A business started last year with an inventory of 90,000 items which cost 60,000andhadasellingpriceof80,000, At the end of the year, the inventory consisted of 70,000 items which cost 90,000andhadasellingpriceof120,000. Records indicate that, during the year, 360,000 items were sold which cost 300,000,withnetsalesof380,000. What are thestockturnrates at cost, selling price, and number of units?
Original LaTeX notation
A business started last year with an inventory of 90,000 items which cost $60,000 and had a selling price of $80,000, At the end of the year, the inventory consisted of 70,000 items which cost $90,000 and had a selling price of $120,000. Records indicate that, during the year, 360,000 items were sold which cost $300,000, with net sales of $380,000. What are thestockturnrates at cost, selling price, and number of units?
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stemez-Business
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