What is the planned stock-sales ratio in a department when


1. If turnover is 2.67 and sales are $2,078.2, what is BOM stock?

2. Planned sales in the boys' department for August are $32,000. If the planned stock-sales ratio is 3.5, what should be the stock value on August 1?

3. What is the planned stock-sales ratio in a department when BOM stock is planned at $45,000 and planned sales are $23,000?

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Financial Management: What is the planned stock-sales ratio in a department when
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