A jeweler plans June sales to be $67,000 and planned reductions to be 15 percent of sales.If planned July 1 inventory is $225,000 (at retail)and the June 1 inventory (at retail)is $260,000,planned purchases (at retail)are $32,000.

Question

Quizplus · Accepted Answer

The question does not provide enough information to determine whether the answer is true or false. It only provides information about sales, reductions, and inventory, but not enough information to calculate planned purchases.

A Jeweler Plans June Sales to Be $67,000 and Planned