Question
If I want to target a 50% sell through and a 40% GM with a retail sales target of $30,000, how much cost inventory do
If I want to target a 50% sell through and a 40% GM with a retail sales target of $30,000, how much cost inventory do I need to buy into?
Cost from Retail
Cost = Retail x (1- GM%)
Gross Margin % (GM%)
GM % = (retail sales $ - cost sales $)/ retail sales $
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
8th Edition
0357714636, 9780357714638
