--%>
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 : Calculus I need it within 4 hours. Due

    I need it within 4 hours. Due time March 15, 2014. 3PM Pacific Time. (Los Angeles, CA)

    		•
  • Q : Statistics math Detailed explanation of

    Detailed explanation of requirements for Part C-1 The assignment states the following requirement for Part 1, which is due at the end of Week 4: “Choose a topic from your field of study. Keep in mind you will need to collect at least [sic] 3- points of data for this project. Construct the sheet y

    		•
  • Q : Pig Game Using the PairOfDice class

    Using the PairOfDice class design and implement a class to play a game called Pig. In this game the user competes against the computer. On each turn the player rolls a pair of dice and adds up his or her points. Whoever reaches 100 points first, wins. If a player rolls a 1, he or she loses all point

    		•
  • Q : Mathematical Method for Engineers The

     The function is clearly undefined at , but despite all of this the function does have a limit as approaches 0. a) Use MATLAB and ezplot to sketch for , and use the zoom on facility to guess the . You need to include you M-file, outp

    		•
  • Q : Define Well-formed formulas or Wffs

    Wffs (Well-formed formulas): These are defined inductively by the following clauses:    (i) If  P  is an n-ary predicate and  t1, …, tn are terms, then P(t1, …, t

    		•
  • Q : Explain lognormal stochastic

    Explain lognormal stochastic differential equation for evolution of an asset.

    		•
  • Q : Who had find Monte Carlo and finite

    Who had find Monte Carlo and finite differences of the binomial model?

    		•
  • Q : First-order formulas over the

    Consider the unary relational symbols P and L, and the binary relational symbol On, where P(a) and I(a) encode that a is apoint and a (sraight) line in the 2-dimensional space, respectively, while On(a,b) encodes  that a is a point, b is a line, and o lies on b.

    		•
  • Q : How to get calculus homework done from

    How to get calculus homework done from tutor

    		•
  • Q : Maths assignment complete assignment

    complete assignment with clear solution and explanation

    		•