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Part 1: Planning Net Sales According to the National Retail Federation fiscal...

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Accounting

Part 1: Planning Net Sales

  1. According to the National Retail Federation fiscal calendar, what was the number of the week we were in during our lecture on October 28, 2021?
  2. On what date will the month of December 2021 begin, according to the NRF fiscal calendar?
  3. A store had total sales of $6,400,000 last year, and expects an 8% increase this year. What is the dollar value of expected sales this year?
  4. A store had $880,000 in sales during the Spring season last year, and is planning for $840,000 in sales for the coming Spring.
  1. What is the percentage decrease in planned sales?
  2. If the stores monthly plan for Spring is as follows: 15% in February, 17% in March, 18% in April, 20% in May, 23% in Junewhat percentage of sales will happen in July?
  3. According to the stores plan, what will be the dollar amount of sales in March?

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