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A Retailer Expects Monthly Sales to Be $100,000 and Planned

Question 49

Multiple Choice

A retailer expects monthly sales to be $100,000 and planned reductions from sales to be 8 percent of sales.The retailer wants ending inventory to be $20,000 greater than beginning inventory.Planned purchases at retail are _____.


A) $100,000
B) $120,000
C) $127,200
D) $128,000

Correct Answer:

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