Goods on consignment are: Prince Company had cash sales of $94,275, credit sales of $83,450, sales returns...

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Goods on consignment are:
Prince Company had cash sales of $94,275, credit sales of $83,450, sales returns and allowances of $1,700, and sales discounts of $3,475. Prince's net sales for this period equal:
The inventory turnover ratio is calculated as:

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Goods on consignment are: Goods sent by the owner to the consignee who sells the goods for the owner. Prince Company had cash sales of $94,275, credit sales of $83,450, sales returns and allowances of $1,700, and sales discounts of $3,475. Prince's net sales for this period equal: $172,550. The inventory turnover ratio is calculated as: Cost of Goods Sold divided by Average Inventory.

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Goods on consignment are: Prince Company had cash sales of $94,275, credit sales of $83,450, sales returns...

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