Question: Hello hope all is well, while working on this assignment i had difficulties understanding the concept. Net sales for the department were $128,400 last year.

Hello hope all is well, while working on this assignment i had difficulties understanding the concept.

Net sales for the department were $128,400 last year. You are expecting an increase in sales of 3.5% for this year. What are the planned sales for this year? Select one: a. $132,894.00 b. $136,972.67 c. $133,056.99 d. $123,906.00 Given the following figures and an initial markup of 48%, calculate planned purchases at retail for the month: February Net Sales: $82,400 BOM Stock: $243,680 EOM Stock: $296,000 Reductions: $16,400 Select one: a. $638,480 b. $46,480 C. $78,582 d. $151,120

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