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26 December, 03:04

Your business has two branch stores. The recent physical inventory reports that the merchandise value for each store is: Store A $454,385, and Store B $586,855. The merchandise book value for each store is: Store A $495,275, and Store B $615,225. What is the dollar amount of shrinkage for each store?

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  1. 26 December, 04:05
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    To solve this problem you must apply the proccedure shown below:

    1. You have that:

    - The merchandise value for the Store A is $454,385, and for the Store B is $586,855.

    - The merchandise book value for each store is: Store A $495,275, and Store B $615,225,

    2. Therefore, you have that dollar amount of shrinkage for each store is:

    Store A

    =$495,275 - $454,385

    =$40,890

    Store B

    =$615,225-$586,855

    =$28,370
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