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Suppose Bookworm sells 1,500 hardcover books per day at an average price of $70. Assume that Bookworm's cost for the books is 85% of the
Suppose Bookworm sells 1,500 hardcover books per day at an average price of $70. Assume that Bookworm's cost for the books is 85% of the selling price it charges retail customers. Bookworm has no beginning inventory, but it wants to have a three-day supply of ending inventory. Assume that selling and administrative expenses are $3,000 per day. Compute Bookworm's budgeted sales for the next (seven-day) week. how do you solve this question step by step
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