Question
16. Find the OTB balance for December when on December 10, the stock-on-hand is $265,000 and the planned sales for the balance of the month
16. Find the OTB balance for December when on December 10, the stock-on-hand is $265,000 and the planned sales for the balance of the month are $171,000. Markdowns are planned at $11,000, planned inventory for December 31 is $150,000, with outstanding orders totaling $71,500. Is the company over or under bought if so, how much?
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
