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Business, 23.10.2019 18:30 knowingwhat

Bw department store expects to generate the following sales for the next three months: july august september expected sales $490,000 $540,000 $580,000 bw's cost of goods sold is 60% of sales dollars. at the end of each month, bw wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold. what dollar amount of merchandise inventory should bw plan to purchase in august? a) $330,000 b) $327,800 c) $314,600 d) $352,800

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