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Joy Wholesale Company has a sales budget for next month of 300.000 TL. Cost of goods sold is expected to be 40 percent of sales.
Joy Wholesale Company has a sales budget for next month of 300.000 TL. Cost of goods sold is expected to be 40 percent of sales. All goods are purchased in the month used and paid for in the month following purchase. The beginning inventory of merchandise is 10.000 TL, and ending inventory of 12.000 TL is desired. How much merchandise inventory will Joy need to purchase next month? Ltfen birini sein: a. 130.000 TL b. 120.000 TL c. 118.000 TL d. 122.000 TL
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