--%>
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 : Linear programming model of a Cabinet

    A cabinet company produces cabinets used in mobile and motor homes. Cabinets produced for motor homes are smaller and made from less expensive materials than those for mobile homes. The home office in Dayton Ohio has just distributed to its individual manufacturing ce

    		•
  • Q : Explain Factorisation by trial division

    Factorisation by trial division: The essential idea of factorisation by trial division is straightforward. Let n be a positive integer. We know that n is either prime or has a prime divisor less than or equal to √n. Therefore, if we divide n in

    		•
  • Q : Where would we be without stochastic

    Where would we be without stochastic or Ito^ calculus?

    		•
  • Q : Law of iterated expectations for

     Prove the law of iterated expectations for continuous random variables. 2. Prove that the bounds in Chebyshev's theorem cannot be improved upon. I.e., provide a distribution that satisfies the bounds exactly for k ≥1, show that it satisfies the bounds exactly, and draw its PDF. T

    		•
  • Q : Formulating linear program of an oil

    An oil company blends two input streams of crude oil products alkylate and catalytic cracked to meet demand for weekly contracts for regular (12,000 barrels) mind grade ( 7,500) and premium ( 4,500 barrels) gasoline’s . each week they can purchase up to 15, 000

    		•
  • Q : Breakfast program if the average is

    if the average is 0.27 and we have $500 how much break fastest will we serve by 2 weeks

    		•
  • Q : Numerical solution of PDE this

    this assignment contains two parts theoretical and coding the code has to be a new. old code and modified code will appear in the university website .

    		•
  • Q : Formal logic2 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 : Problem on Datalog for defining

    The focus is on  the use of Datalog for defining properties  and queries on graphs. (a) Assume that P is some property of graphs  definable in the Datalog. Show that P is preserved beneath extensions  and homomo

    		•
  • Q : How to get calculus homework done from

    How to get calculus homework done from tutor

    		•