Your company uses stock-to-sales ratios for planning end-of-the-month and beginning-of-the-month inventory levels. If you've forecasted sales for the month of February to be $240,000 and you are given a 1.5 stock-to-sales ratio, then what level of inventory should you have at the beginning of March?

Answer rating: 100% (QA)

To calculate the beginningofMarch inventory level based on the forecasted sales for ... View the full answer