Consider the below numbers of a retailer and answer the below question with all calculation steps and formulas. January BOM stock: $100,000 Feburary Stock-to-sale ratio: 3 Feburary planned sales: $80,000 January Reduction: $6000 Planned retail reduction percentage: 10% Feburary purchase at retail: $40,000 Question: A) Calculate january planned sales? B) Calculate january purchase at retail? C) Calculate january EOM stock? D) Calculate march BOM?
Consider the below numbers of a retailer and answer the below question with all calculation steps and formulas. January BOM stock: $100,000 Feburary Stock-to-sale ratio: 3 Feburary planned sales: $80,000 January Reduction: $6000 Planned retail reduction percentage: 10% Feburary purchase at retail: $40,000 Question: A) Calculate january planned sales? B) Calculate january purchase at retail? C) Calculate january EOM stock? D) Calculate march BOM?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Consider the below numbers of a retailer and answer the below question with all calculation steps and formulas.
January BOM stock: $100,000
Feburary Stock-to-sale ratio: 3
Feburary planned sales: $80,000
January Reduction: $6000
Planned retail reduction percentage: 10%
Feburary purchase at retail: $40,000
Question:
A) Calculate january planned sales?
B) Calculate january purchase at retail?
C) Calculate january EOM stock?
D) Calculate march BOM?
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