Business, 05.05.2020 18:09 angelinailiff8531

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, budgeted purchases for the fourth quarter should be:
a. $134,000b. $109,000c. $91,500d. $25,000e. $91,000

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Barrett's Fashions forecasts sales of $125,000 for the quarter ended December 31. Its gross profit r...

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