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Mustafa Corporation had 17,000 units of gears on hand at the end of 2018. The company's inventory policy was to maintain an ending inventory equal
Mustafa Corporation had 17,000 units of gears on hand at the end of 2018. The company's inventory policy was to maintain an ending inventory equal to 15% of the current year's sales. During 2019, Mustafa sold 210,000 gears. How many gears did Mustafa purchase in 2019?
Select one:
a.$ 194,700
b.$ 196,150
c.$ 224,500
d.$ 210,000
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