WebIt shows the percentage of visitors to the grocery store who have purchased a specific product. For example, the 3.7% conversion rate for cereals means that from the total visitors we had during the promotion, … WebJan 27, 2024 · Let’s put it into practice and say you’re calculating the ending inventory for your retail store. You bought 150 candles at $7. Mid-way through the year, a supplier increased their prices. You bought another 150 candles at their new $9 price point. That’s 300 candles purchased at a total cost of $2,400.
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