Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Complete the following retail mathematics spreadsheet using the data provided. Enter the correct values in the highlighted cells. Financial Plan Jul Total Stock at Retail

image text in transcribed

Complete the following retail mathematics spreadsheet using the data provided. Enter the correct values in the highlighted cells. Financial Plan Jul Total Stock at Retail (Shown in Millions) BOS/BOM STOCK SALES (-) RECEIPTS (+) MARKDOWNS (6) EOM/EOS STOCK 01 Feb $15,874.00 $5,783.80 $6,247.60 $821.90 02 03 04 05 06 Mar Apr May Jun $17,450.10 $18,912.30 $18,916.10 $5,875.40 $5,521.70 $6,187.30 $6,413.80 $7,743.40 $7,438.90 $8,147.80 $6,987.30 $876.40 $707.20 $698.40 $1,287.60 $16,409.30 $17,450.10 $18,912.30 AVG SALES AVG STOCK TURNOVER 57.31% Margin % Cost Complement 53.13% 46.87% 56.02% 43.98% 57.77% 42.23% 56.36% 43.64% 40.64% $6,668.74 Stock at Cost (Shown in Millions) BOS/BOM STOCK SALES (-) RECEIPTS (+) MARKDOWNS (-) EOM/EOS STOCK $7,272.30 $2,753.80 $2,469.10 $2,667.10 $350.87 $7,674.55 $2,629.30 $3,583.40 $311.03 $7,986.66 $2,612.90 $2,909.44 $294.93 $8,254.99 $2,798.98 $3,049.26 $561.91 COGS ACI GM$ GM% GMROID $3,023.17 $356.17 $7,091.72 $456.80 Complete the following retail mathematics spreadsheet using the data provided. Enter the correct values in the highlighted cells. Financial Plan Jul Total Stock at Retail (Shown in Millions) BOS/BOM STOCK SALES (-) RECEIPTS (+) MARKDOWNS (6) EOM/EOS STOCK 01 Feb $15,874.00 $5,783.80 $6,247.60 $821.90 02 03 04 05 06 Mar Apr May Jun $17,450.10 $18,912.30 $18,916.10 $5,875.40 $5,521.70 $6,187.30 $6,413.80 $7,743.40 $7,438.90 $8,147.80 $6,987.30 $876.40 $707.20 $698.40 $1,287.60 $16,409.30 $17,450.10 $18,912.30 AVG SALES AVG STOCK TURNOVER 57.31% Margin % Cost Complement 53.13% 46.87% 56.02% 43.98% 57.77% 42.23% 56.36% 43.64% 40.64% $6,668.74 Stock at Cost (Shown in Millions) BOS/BOM STOCK SALES (-) RECEIPTS (+) MARKDOWNS (-) EOM/EOS STOCK $7,272.30 $2,753.80 $2,469.10 $2,667.10 $350.87 $7,674.55 $2,629.30 $3,583.40 $311.03 $7,986.66 $2,612.90 $2,909.44 $294.93 $8,254.99 $2,798.98 $3,049.26 $561.91 COGS ACI GM$ GM% GMROID $3,023.17 $356.17 $7,091.72 $456.80

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Factory Accounts

Authors: John Whitmore

1st Edition

0367494825, 9780367494827

More Books

Students also viewed these Accounting questions