Business, 17.06.2021 20:30 magicallyhello

Sylvia's Fashions forecasts sales of $125,000 for the quarter ended December 31. Its gross profit rate is 20% of sales, and its September inventory is $82,500. If the December 31 inventory is targeted at $91,500, budgeted purchases for the quarter should be: A. $100,000
B. $109,000
C. $116,000
D. $134,000
E. None of the above.

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Sylvia's Fashions forecasts sales of $125,000 for the quarter ended December 31. Its gross profit ra...

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