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Suppose StoreRUs sells one million hardcover books a day at an average price of $37. Assume that its cost of production averages $19 a book.
Suppose StoreRUs sells one million hardcover books a day at an average price of $37. Assume that its cost of production averages $19 a book. StoreRUs has no beginning inventory, but it wants to have a three-day supply of books in ending inventory. Assume that operating expenses are $2 million per day. Compute StoreRUs's budgeted sales for the next (seven-day) week. A, $259 million B. $392 million C. $273 million D. $133 million
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