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Business, 29.06.2021 21:30 steliosceltics2541

Consider the below numbers of a retailer and answer the below questions with all calculation steps and formulas.
January BOM Stock: $100,000
February Stock-to-Sales ratio: 3
February Planned Sales: $80,000
January Reductions: $6,000
Planned Retail Reduction Percentage: 10%
February Purchases at retail: $40,000
Questions:
1. Calculate January Planned Sales (1 Mark)
2. Calculate January Purchases at retail (2 Marks)
3. Calculate January EOM stock (1 Mark)
4. Calculate March BOM (1 Mark)

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