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Determine storerus budgeted purchases for the next? week

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Question - Suppose StoreRUs sells 2,000 hardcover books per day at an average price of $50. Assume that StoreRUs's cost for the books is 85?% of the selling price it charges retail customers.

StoreRUs has no beginning? inventory, but it wants to have a? three-day supply of ending inventory. Assume that selling and administrative expenses are $4,000 per day. Determine StoreRUs's budgeted purchases for the next? (seven-day) week.

Reference no: EM133158914

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