120,000 = one hundred twenty thousand.
It is 120000, exactly as it appears in the question!
70% of 120,000= 70% * 120000= 0.7 * 120000= 84,000
2% of 120,000 = 2% * 120000 = 0.02 * 120000 = 2,400
120000 X 0.03 = 3600
It is 100*5000/120000 = 4.1666.. %
3% of 120000 = 3% * 120000 = 0.03 * 120000 = 3600
1,200 is the answer you are seeking.
It is 120000, exactly as it appears in the question!
120000
DR CR Inventory 120000 Capital 120000 DR CR Inventory 120000 Capital 120000
70% of 120,000= 70% * 120000= 0.7 * 120000= 84,000
1% of 120,000= 1% * 120000= 0.01 * 120000= 1,200
2% of 120,000 = 2% * 120000 = 0.02 * 120000 = 2,400
120000
187.5
.95 X 120000 = 114000
120000 X 0.03 = 3600