Now it is July 31 and we need to calculate the open-to-buy for August given the following

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Now it is July 31 and we need to calculate the open-to-buy for August given the following information:
Planned monthly sales: ………………… $20,000
Monthly additions actual: ……………… $40,000
Planned markdowns: …………………… $5,000
Projected BOM stock: ………………….. $50,000
Projected EOM stock: ………………….. $30,000
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Retailing Management

ISBN: 978-0070893207

4th Canadian Edition

Authors: Michael Levy, Barton Weitz, Dea Watson

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