Question: PLEASE ANSWER IN EXCEL FORMAT WITH FORMULAS INCLUDED *Use the following spreadsheet format. Total Average Sales % Net Sales S/S Ratio BOM EOM Avg Stock

 PLEASE ANSWER IN EXCEL FORMAT WITH FORMULAS INCLUDED *Use the following

PLEASE ANSWER IN EXCEL FORMAT WITH FORMULAS INCLUDED

*Use the following spreadsheet format. Total Average Sales % Net Sales S/S Ratio BOM EOM Avg Stock Turn . 5. The following figures are planned for the jewelry department: (6pts) Planned Net Sales: January $10,000.00, February $6,000.00, March $11,000.00, April $9,900.00, May $8,400.00, and June $12,600.00 BOM: January $33,000.00, February $18,000.00, March $28,000.00, April $40,000.00, May $30,000.00, and June $38,000.00 a. If the BOM for July needs to be $18,000.00, what was the average stock for the six months? b. Using BOM as an indication of stock held in the department, what is the turnover planned by this department for the six months? What is the turnover planned for February? d. What are the stock-sales-ratios for January and for June? Completely fill in the chart except for the cells colored in black. c. e. *Use the following spreadsheet format. Total Average Sales % Net Sales S/S Ratio BOM EOM Avg Stock Turn . 5. The following figures are planned for the jewelry department: (6pts) Planned Net Sales: January $10,000.00, February $6,000.00, March $11,000.00, April $9,900.00, May $8,400.00, and June $12,600.00 BOM: January $33,000.00, February $18,000.00, March $28,000.00, April $40,000.00, May $30,000.00, and June $38,000.00 a. If the BOM for July needs to be $18,000.00, what was the average stock for the six months? b. Using BOM as an indication of stock held in the department, what is the turnover planned by this department for the six months? What is the turnover planned for February? d. What are the stock-sales-ratios for January and for June? Completely fill in the chart except for the cells colored in black. c. e

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!