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your sales last month were $120,000. Name brand sneakers account for approximately 30 percent of your sales, women's shoes make up 45 percent, children's shoes
your sales last month were $120,000. Name brand sneakers account for approximately 30 percent of your sales, women's shoes make up 45 percent, children's shoes make up 15 percent, and accessories like socks and shoelaces account for 10 percent. You have shrinkage of 0.75 percent of your sales. On average, you pay your wholesaler $20 per pair of shoes, but you sell each pair for $40. You ordered 3,200 pairs of shoes last month and sold 3,000. It's "back to school" season, so you expect an increase in sales for the upcoming month. Create a chart to show the stock you currently have on hand as well as what stock you need to order. When it comes to ordering more stock, which types of shoes will you order? How many of each type will you order?
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