A small appliance dealer estimates May sales to be $350,000 and plans reductions to be 20 percent

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A small appliance dealer estimates May sales to be $350,000 and plans reductions to be 20 percent of sales and ending inventory to be $65,000. Beginning inventory is $85,000. Compute planned purchases at retail for May.

a. $240,000
b. $260,000
c. $340,000
d. $400,000

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Retail Management A Strategic Approach

ISBN: 9780133796841

13th Edition

Authors: Barry Berman, Joel Evans, Patrali Chatterjee

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Question Posted: Jul 26, 2023 08:29 AM

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A small appliance dealer estimates May sales to be $350,000 and plans reductions to be 20 percent

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Retail Management A Strategic Approach

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