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At January 1, 2020, Arrant, Inc. is creating their annual budget. They had 1000 step stools on hand. Its policy is to maintain an ending
At January 1, 2020, Arrant, Inc. is creating their annual budget. They had 1000 step stools on
hand. Its policy is to maintain an ending inventory equal to 15% of units needed for the next
month's sales. Arrant Co. estimates it will sell 8,000 stools during the first month of 2020 with a
5% increase in sales each subsequent month. Each stool is sold for $16.
How can i make sales budget with this?
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