This topic contains a solution. Click here to go to the answer

Author Question: Fashion companies take the state of the economy into consideration when making long run and ... (Read 62 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
Fashion companies take the state of the economy into consideration when making long run and short-run decisions.
 
  a. True
  b. False

Question 2

The juniors department of A & R Department store is preparing plans for the Spring Season. Last year sales totaled 6000.0 (6,000,000) in the spring. The planned sales increase for Spring this year is 7.2. Calculate the total sales plan for the season, then using the information provided; fill in the blanks in the chart below: Month  Sales LY  Planned Sales TY  of total sales LY February 912.0 977.7 15.2 March 1146.0 1228.5 19.1 April 882.0 945.5 14.7 May 852.0 913.3 14.2 June 1182.0 1267.1 19.7 July 1026.0 1099.9 17.1 Total 6000.0 6432.0 100.0
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

okolip

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

a

Answer to Question 2

6000.0 LY actual sales  7.2 TY sales increase = 432 increase TY + 6000 = 6432.0
Spring sales plan TY
February = 6432.0  15.2 = 977.7  Planned sales February
March = 1228.5 / 6432.0 = 19.1 of the total season's sales plan
April = 6432.0  14.7 = 945.5 Planned sales April
May = Complete after all other calculations
LY  Sales = 6000.0 Total-912 Feb-1146 Mar-882 April-1182 June-1026 July =
852.0 May
TY  planned Sales = repeat the LY  sales process after calculating the TY  plans for
each month
 of Total sales LY = 852.0 May sales / 6000.0 Total sales = 14.2
June = 1267.1 June sales / 6432.0 Total sales = 19.7




haleyc112

  • Member
  • Posts: 600
Reply 2 on: Sep 11, 2018
Thanks for the timely response, appreciate it


laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library