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Answer is 8,275 please show work thank you! GAAP Publishing Co. is a wholesaler that sells accounting textbooks to colleges and universities. The company is
Answer is 8,275
please show work
thank you!
GAAP Publishing Co. is a wholesaler that sells accounting textbooks to colleges and universities. The company is preparing its budget for the fourth quarter of the year, i.e. October 1st-December 31st, and has collected the following information to assist in its budget preparation: GAAP Publishing likes to maintain month-end textbook inventory equal to 25% of the following month's sales goal. GAAP had 575 textbooks in stock as of September 30th. How many textbooks will the company anticipate purchasing during the fourth quarterStep by Step Solution
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