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A Tire Retailer Plans to Sell $100,000 Worth of Tires

Question 48

Multiple Choice

A tire retailer plans to sell $100,000 worth of tires in January.Planned reductions are $15,000; planned inventory for January 1st is $300,000 and for January 31st is $350,000.As of January 8th,the retailer has ordered $15,000 for January delivery.What is the open-to-buy for the rest of the month?


A) $ 50,000
B) $ 65,000
C) $150,000
D) $165,000

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