Question 12 Stock at Retail (Shown in Millions) BOS/BOM STOCK SALES (-) RECEIPTS (+) MARKDOWNS (-) EOM/EOS STOCK 01 Feb 02 Mar 03 Apr Based on the report above, what was the Turnover? 04 May 05 Jun $13,780.00 $14,994.70 $14,454.58 $14,218.31 $14,352.13 $13,290.67 $2,988.90 $4,124.50 $3,789.90 $4,257.80 $3,786.70 $3,674.10 $4,710.00 $4,803.20 $5,788.30 $4,933.90 $4,918.60 $4,545.90 $1,584,70 $1,349.52 $1,156.37 $1,722.26 $1,173.90 $995.28 $14,218.31 $14,352.13 $13,290.67 $12,875.97 $14,994.70 $14,454.58 06 Jul Hint: Turnover is usually expressed as a whole number carried out to one decimal place.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Question 12
Stock at Retail
(Shown in Millions)
BOS/BOM STOCK
SALES (-)
RECEIPTS (+)
MARKDOWNS (-)
EOM/EOS STOCK
=
01
Feb
02
Mar
03
Apr
$13,780.00
$2,988.90 $4,124.50
$5,788.30 $4,933.90
$1,584.70 $1,349.52
$14,994.70
$14,454.58
Based on the report above, what was the Turnover?
04
May
05
Jun
$14,994.70 $14,454.58 $14,218.31 $14,352.13 $13,290.67
$3,789.90 $3,674.10
$4,257.80 $3,786.70
$4,710.00 $4,803.20 $4,918.60 $4,545.90
$1,173.90
$1,156.37 $995.28 $1,722.26
$14,218.31 $14,352.13 $13,290.67 $12,875.97
06
Jul
Hint: Turnover is usually expressed as a whole number carried out to one decimal place.
Transcribed Image Text:Question 12 Stock at Retail (Shown in Millions) BOS/BOM STOCK SALES (-) RECEIPTS (+) MARKDOWNS (-) EOM/EOS STOCK = 01 Feb 02 Mar 03 Apr $13,780.00 $2,988.90 $4,124.50 $5,788.30 $4,933.90 $1,584.70 $1,349.52 $14,994.70 $14,454.58 Based on the report above, what was the Turnover? 04 May 05 Jun $14,994.70 $14,454.58 $14,218.31 $14,352.13 $13,290.67 $3,789.90 $3,674.10 $4,257.80 $3,786.70 $4,710.00 $4,803.20 $4,918.60 $4,545.90 $1,173.90 $1,156.37 $995.28 $1,722.26 $14,218.31 $14,352.13 $13,290.67 $12,875.97 06 Jul Hint: Turnover is usually expressed as a whole number carried out to one decimal place.
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