Question
A boutique had net sales of $760,000 for a six-month period ending July 31. Calculate turnover for the period if the monthly retail inventories were:
A boutique had net sales of $760,000 for a six-month period ending July 31. Calculate turnover for the period if the monthly retail inventories were:
Dates Stockon-Hand
Feb. 1 $ 78,000
March 1 130,000
April 1 217,600
May 1 306,600
June 1 197,840
July 1 132,880
July 31 (EOM) 118,700
A department plans a sales increase of 8.5% for the coming year. If last years sales were $79,424, what is the planned dollar increase?
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Real Estate Finance
Authors: Sherry Shindler Price
1st Edition
0934772185, 9780934772181
