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Business, 06.05.2020 08:34 linkaye3031

A merchandising company forecasts $150,000 of sales for September. Its gross profit rate is 40% of sales, and its August 31 merchandise inventory is $112,000. Compute the budgeted purchases for September if the company wishes to budget an inventory of $112,000 for the end of September.

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A merchandising company forecasts $150,000 of sales for September. Its gross profit rate is 40% of s...
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