The rob wallace corporation has a sales budget for next


The rob Wallace corporation has a sales budget for next month of $400,000. Cost of goods sold is expected to be $250,000. all goods are paid for in the month following their purchase. The beginning inventory of merchandise is $16,000, and an ending inventory of $12,000 is desired. Beginning accounts payable is $52,000. How much merchandise inventory will the rob Wallace corporation need to purchase next month?

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Financial Accounting: The rob wallace corporation has a sales budget for next
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