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Sparky's forecasts that sales will grow by 25% in Year 3 and that its cost...

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Accounting

Sparky's forecasts that sales will grow by 25% in Year 3 and that its cost of goods sold to sales ratio will be the same in Year 3 as it was in Year 2. If these assumptions prove correct and Sparky's inventory turnover ratio for Year 3 is 4.5 what will be the level of inventory at the end of Yea 3? O a. $31,353 b. $40,000 O c. $42,314 O d. $26,475
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Sparky's forecasts that sales will grow by 25% in Year 3 and that its cost of goods sold to sales ratio will be the same in Year 3 as it was in Yea 2. If these assumptions prove correct and Sparky's inventory turnover ratio for Year 3 is 4.5 what will be the level of inventory at the end of Y 3? a. $31,353 b. $40,000 c. $42,314 d. $26,475 Sparky's forecasts that sales will grow by 25% in Year 3 and that its cost of goods sold to sales ratio will be the same in Year 3 as it was in Yea 2. If these assumptions prove correct and Sparky's inventory turnover ratio for Year 3 is 4.5 what will be the level of inventory at the end of Y 3? a. $31,353 b. $40,000 c. $42,314 d. $26,475

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