Provide ananswer innumericalformat forAugust OTB,August EOMand SeptemberBOMPLANAUGUSTSEPTEMBERBOM300,000230000NET SALES125,000MARKDOWNS 25,000PURCHASES 70,000ON ORDER20,000OTB80000230000EOM

Therefore OTB = BOM + Purchases - EOM - Markdowns + Net Sales We are solving for August OTB so BOM…

Answered: Provide an answer in numerical format…

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 2.1C

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Provide an answer in numerical format for August OTB, August EOM and September BOM PLAN AUGUST SEPTEMBER BOM 300,000 230000 NET SALES 125,000 MARKDOWNS 25,000 PURCHASES 70,000 ON ORDER 20,000 OTB 80000 230000 EOM