16.) After utilizing the previous years' sales figure, plan a 15% increase for this next year while having the same stock-to-sales ratio, the same monthly markdowns, and mantaining the same monthly sales percentages. The markup for the previous year was 40%. (Proper formulas must be shown)

! 1.8-1.8 1.6+ Last Year 2.5 Stock to Sales Ratio Department Buyer Controller 1.7 1.8 Plan Merchandise Manager July 31 and January 31 EOM stocks are also called end-of-season stocks August BOM = $42000 ! 1.8-1.8 1.6+ Last Year 2.5 Stock to Sales Ratio Department Buyer Controller 1.7 1.8 Plan Merchandise Manager July 31 and January 31 EOM stocks are also called end-of-season stocks August BOM = $42000