Business, 30.10.2019 01:31 lovepink6524

At the beginning of 2018, midway hardware has an inventory of $400,000. because sales growth was strong during 2018, the owner wants to increase inventory on hand to $450,000 at december 31, 2018. if net sales for 2018 are expected to be $1,600,000, and the gross profit rate is expected to be 35%, compute the cost of the merchandise the owner should expect to purchase during 2018.

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At the beginning of 2018, midway hardware has an inventory of $400,000. because sales growth was str...

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