--%>
Assignment Help - homework help

Problem on inventory merchandise

AB Department Store expects to generate the following sales figures for the next three months:
                             July         August     September
Expected sales    $480,000    $690,000    $540,000

AB's Cost of Goods Sold are 65% of sales dollars. At the end of each month, AB wants a merchandise inventory balance equal to 40% of the following month's expected sales, stated at cost. What amount of dollar merchandise inventory should AB plan to purchase in August?

A) $422,730
B) $345,870
C) $409,500
D) $384,300

   Related Questions in Mathematics

  • Q : Formal Logic It's a problem set, they

    It's a problem set, they are attached. it's related to Sider's book which is "Logic to philosophy" I attached the book too. I need it on feb22 but feb23 still work

    		•
  • Q : Formal logic It's a problem set, they

    It's a problem set, they are attached. it's related to Sider's book which is "Logic to philosophy" I attached the book too. I need it on feb22 but feb23 still work

    		•
  • Q : Budgeted cash disbursements The ABC

    The ABC Company, a merchandising firm, has budgeted its action for December according to the following information: • Sales at $560,000, all for cash. • The invoice cost for goods purc

    		•
  • Q : Nonlinear integer programming problem

    Explain Nonlinear integer programming problem with an example ?

    		•
  • Q : Abstract Boolean Algebra I. Boolean

    I. Boolean Algebra Define an abstract Boolean Algebra, B,  as follows:  The three operations are:  +   ( x + y addition) ( x y multiplic

    		•
  • Q : Who firstly discovered mathematical

    Who firstly discovered mathematical theory for random walks, that rediscovered later by Einstein?

    		•
  • Q : Properties for polynomial Specify the

    Specify the important properties for the polynomial.

    		•
  • Q : Set Theory & Model of a Boolean Algebra

    II. Prove that Set Theory is a Model of a Boolean Algebra The three Boolean operations of Set Theory are the three set operations of union (U), intersection (upside down U), and complement ~.  Addition is set

    		•
  • Q : Area Functions & Theorem Area Functions

    Area Functions 1. (a) Draw the line y = 2t + 1 and use geometry to find the area under this line, above the t - axis, and between the vertical lines t = 1 and t = 3. (b) If x > 1, let A(x) be the area of the region that lies under the line y = 2t + 1 between t

    		•
  • Q : Simulation with Arena An office of

    An office of state license bureau has two types of arrivals. Individuals interested in purchasing new plates are characterized to have inter-arrival times distributed as EXPO(6.8) and service times as TRIA(808, 13.7, 15.2); all times are in minutes. Individuals who want to renew or apply for a new d

    		•