On may 2, a fire destroyed the entire merchandise inventory on hand of sanchez wholesale corporation. the following information is available: sales, january 1 through may 2 $ 360,000 inventory, january 1 80,000 merchandise purchases, january 1 through may 2 (including $40,000 of goods in transit on may 2, shipped f. o.b. shipping point) 330,000 markup percentage on cost 20% what is the estimated inventory on may 2 immediately prior to the fire?

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explanation:

answer; it can vividly demonstrate product attributes and persuasively explain their corresponding consumer benefits;

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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