What should be the budgeted purchases for the fourth quarter, Accounting Basics

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What should be the budgeted purchases for the fourth quarter

Barrett's Fashions forecasts sales of $125,000 for the quarter ended December 31. Its gross profit rate is 20% of sales, and its September 30 inventory is $32,500. If the December 31 inventory is targeted at $41,500, what should be the budgeted purchases for the fourth quarter ?

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Accounting Basics: What should be the budgeted purchases for the fourth quarter

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Accounting Basics: What should be the budgeted purchases for the fourth quarter

Reference No:- TGS099415

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Describe ways in which the cash flow policy may be improved

Q : The Tax Reform Act of 1986 eliminated the deductib

Q : Write a program in java that takes as input

Q : What sorts of conditions and motivations

Q : What should be the budgeted purchases for the fourth quarter

Q : Concerns of time-organizational commitment

Q : Ineffective communications practices

Q : Display only 2 decimal places

Q : Examples of current business ethics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What should be the budgeted purchases for the fourth quarter

Reference No:- TGS099415

Recent Questions Asked Accounting Basics

Q : Describe ways in which the cash flow policy may be improved

Q : The Tax Reform Act of 1986 eliminated the deductib

Q : Write a program in java that takes as input

Q : What sorts of conditions and motivations

Q : What should be the budgeted purchases for the fourth quarter

Q : Concerns of time-organizational commitment

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