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We're supposed to create a 6 Month Merchandising Plan based off the information from the green paper below. The following pics are the two tables
We're supposed to create a 6 Month Merchandising Plan based off the information from the green paper below. The following pics are the two tables we're supposed to fill out with the information. Any values you can help with would be appreciated, Im particularly stuck on finding the LY Ratio. Again im trying to find number values here for the table, the last answer i got for this was unintelligible. Any help would be appreciated.
1. Prepare a six-month merchandise plan based on the information below. Planned sales are expected to bethe same as tastyear. inchees 3% \begin{tabular}{|l|r|r|r|l|l|} \hline & \multicolumn{2}{|c|}{ Last Year } & \multicolumn{2}{|c|}{ Plan } & Actual \\ \hline SALES & $100,000.0 & 100% & $103,000.0 & 103% & \\ \cline { 2 - 6 } CMU\% & & & & & \\ \cline { 2 - 6 } MD % & & & & & \\ \cline { 2 - 6 } GM\% & & & & & \\ \cline { 2 - 6 } AVG STOCK & $213,000.0 & & & & \\ \cline { 2 - 6 } TURNOVER & 0.47 & & & & \\ \hline \end{tabular} Step by Step Solution
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