Bw department store expects to generate the following sales for the next three months: july august september expected sales $490,000 $540,000 $580,000 bw's cost of goods sold is 60% of sales dollars. at the end of each month, bw wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold. what dollar amount of merchandise inventory should bw plan to purchase in august? a) $330,000 b) $327,800 c) $314,600 d) $352,800

Heather has been an active participant in a defined benefit plan for 19 years. during her last 6 years of employment, heather earned $42,000, $48,000, $56,000, $80,000, $89,000, and $108,000, respectively (representing her highest-income years). calculate heather’s maximum allowable benefits from her qualified plan (assume that there are fewer than 100 participants). assume that heather’s average compensation for her three highest years is $199,700. calculate her maximum allowable benefits.