3. jansen co. has a beginning inventory at a cost of $77,800 and an ending
inventory costing $99,250. sales were $310,000. assume jansen's markup
rate on selling price is 40 percent. based on the selling price, what is the
inventory turnover at cost? round to nearest hundredth.
4. shelley's dress shop's inventory at cost on january 1 was $32.950. its

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answer; a set of mutual funds with similar risk characteristics to your mutual fund;