A buyer had an inventory of 45000 on june 1 and a planned, Financial Accounting

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A buyer had an inventory of 45000 on june 1 and a planned

A buyer had an inventory of $45,000 on June 1 and a planned EOM stock of $51,000. Planned sales for the department were $39,000 and planned markdowns for the month were $3200. As of June 1, the buyer had merchandise onorder of $10,000 at retail to be delivered during the month. Planned initial mark up was 48%. Calculate the buyers OTB at COST as of June 1.

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Financial Accounting: A buyer had an inventory of 45000 on june 1 and a planned

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Financial Accounting: A buyer had an inventory of 45000 on june 1 and a planned

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