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Author Question: If the planned sales for the month are 70,000, the merchandise budget calls for a planned ... (Read 116 times)

panfilo

  • Hero Member
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  • Posts: 572
on: Jun 29, 2018
If the planned sales for the month are 70,000, the merchandise budget calls for a planned stock-to-sales ratio of 2.3, and the financial leverage is 1.1, then the planned BOM inventory should be:
 a. 77,000
  b. 84,000
  c. 161,000
  d. 177,100
  e. 194,100

Question 2

Your boss indicates that the store's stock/sales ratio is 5:1 . This means that _____ should be invested in inventory for every 1 of forecasted sales.
 a. .20 (at retail price)
  b. 5 (at cost price)
  c. 5 (at retail price)
  d. .20 (at cost price)
  e. 50 (at cost price)


lucas dlamini

  • Sr. Member
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  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


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