SELL THRU PERCENT
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter10: Forecasting Financial Statement
Section: Chapter Questions
Problem 5QE: Use the following hypothetical data for Walgreens in Years 11 and 12 to project revenues, cost of...
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Question
14) Use the following formulas:
SELL THRU PERCENT (ST%) = SALES/BOH BOH = Beginning of week on hand inventory REC = Receipts EOH = Ending of week on hand inventory Below are the numbers for LAST week: SALES = 8,500 BOH = 56,700 REC = 4,500 EOH = 52,700 If a Buyer expected to have a 12% ST% NEXT week. How many dresses are they planning to sell?
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