Business
Business, 08.11.2019 21:31, joelxl101

Marty's merchandise has budgeted sales as follows for the second quarter of the year: april $ 30,000 may $ 60,000 june $ 50,000 cost of goods sold is equal to 70% of sales. the company wants to maintain a monthly ending inventory equal to 120% of the cost of goods sold for the following month. the inventory on march 31 was below this target and was only $22,000. the company is now preparing a merchandise purchases budget for april, may, and june. the desired beginning inventory for june is: multiple choice $42,000 $35,000 $50,000 $38,000

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Marty's merchandise has budgeted sales as follows for the second quarter of the year: april $ 30,00...

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