You are the buyer for a Small leather Goods department. It is time for you to...

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You are the buyer for a Small leather Goods department. It is time for you to establish planned figures for your Spring dollar plan. Below is the actual performance of the Small Leather Goods Department for Spring 2023. Month February March April May June July August Sales Spring 2023 BOM Stock $ $ $ $ $ $ 36,000.00 $ $ 27,500.00 $ 30,000.00 $ 55,000.00 $ 61,500.00 $ 55,000.00 $ 50,000.00 $ MD 15,000.00 $ 30,000.00 $ 31,000.00 $ 28,500.00 $ 25,000.00 $ 20,500.00 $ 150,000.00 750.00 750.00 c) What were the markdowns for 2023? (5 pts) d) What was the average stock in the 6 month period for Spring 2023 and the turnover rate (5 pts) 1,000.00 1,250.00 2,250.00 1,150.00 Based on this performance, you are making projections for Spring 2024. a) In Spring 2022 sales for this period were $140,000. What was the sales increase in dollars and percentage from 2022 to 2023 (5 pts) b) You are projecting a 20% increase in sales for 2024. What are the projected total sales for spring 2024? (5 pts) You are the buyer for a Small leather Goods department. It is time for you to establish planned figures for your Spring dollar plan. Below is the actual performance of the Small Leather Goods Department for Spring 2023. Month February March April May June July August Sales Spring 2023 BOM Stock $ $ $ $ $ $ 36,000.00 $ $ 27,500.00 $ 30,000.00 $ 55,000.00 $ 61,500.00 $ 55,000.00 $ 50,000.00 $ MD 15,000.00 $ 30,000.00 $ 31,000.00 $ 28,500.00 $ 25,000.00 $ 20,500.00 $ 150,000.00 750.00 750.00 c) What were the markdowns for 2023? (5 pts) d) What was the average stock in the 6 month period for Spring 2023 and the turnover rate (5 pts) 1,000.00 1,250.00 2,250.00 1,150.00 Based on this performance, you are making projections for Spring 2024. a) In Spring 2022 sales for this period were $140,000. What was the sales increase in dollars and percentage from 2022 to 2023 (5 pts) b) You are projecting a 20% increase in sales for 2024. What are the projected total sales for spring 2024? (5 pts)

Answer rating: 100% (QA)

ANSWER a In Spring 2022 sales for this period were 140000 What was the sales increase in dollars and ... View the full answer