The beauty department has been given the following information to develop a merchandise plan for the...
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The beauty department has been given the following information to develop a merchandise plan for the fall-winter season. Calculate the net sales for November. Planned Sales: $873,600 Markdowns: 10.1% Shortages: 2.8% Sales Discounts: 8.6% Initial Markup percent: 48.5% Sales% % of Season's Reductions August 14% 16% September 15% 12% October 13% 12% November 22% 19% December 24% 20% January 12% 21% Select one: O a. $183,456.00 O b. $131,040.00 O c. $192,192.00 O d. $165.984.00 The beauty department has been given the following information to develop a merchandise plan for the fall-winter season. Calculate the net sales for November. Planned Sales: $873,600 Markdowns: 10.1% Shortages: 2.8% Sales Discounts: 8.6% Initial Markup percent: 48.5% Sales% % of Season's Reductions August 14% 16% September 15% 12% October 13% 12% November 22% 19% December 24% 20% January 12% 21% Select one: O a. $183,456.00 O b. $131,040.00 O c. $192,192.00 O d. $165.984.00
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Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
Posted Date:
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