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please answer Larry's Department Store expects to generate the following Sales for the next three months: July August September Expected Sales $580,000 $490,000 $540,000 Larry's
please answer Larry's Department Store expects to generate the following Sales for the next three months: July August September Expected Sales $580,000 $490,000 $540,000 Larry's Department Store's cost of goods sold is 60% of sales dollars. At the end of each month, Larry's wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold. What dollar amount of merchandise inventory should Larry's Department Store plan to purchase in August? $314.000 $330.000 $452.000 $492.000
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