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Determine the budgeted purchases for this quarter

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Question - Coomb's Fashions forecasts sales of $133,000 for the quarter ended December 31. Its gross profit rate is 20% of sales, and its September 30 inventory is $36,500. If the December 31 inventory is targeted at $45,500, determine the budgeted purchases for this quarter?

Reference no: EM133072342

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