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Author Question: Fashion companies take the state of the economy into consideration when making long run and ... (Read 29 times)

haleyc112

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on: Sep 11, 2018
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?


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okolip

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Reply #1 on: Sep 11, 2018
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

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Reply 2 on: Sep 11, 2018
:D TYSM

lcapri7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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