Vitale Hair Spray Had Sales Of 13000
Financial issues ......? 3
Vitale Hair Spray sold 23,000 units in March. An increase of 70% is expected in April. The company will keep 30% of its expected sales for April when inventory closes. The stock issued in April is 1,150 units.
How many units did the company sell in April?
April 39,100 settlement
Stocks at the end of April 11730
Total for US: 49680
23,000 * 1.7 * 1.3 1,150 = 49,680
70% increase in expected sales at 23,000 * 1.7
Multiplying this by 1.3 results in a 30% target for sold units, which should be available by the end of April.
1150 takes into account the fact that it was sold in April with an inventory of 1,150 units.
It would be nice to have some extra statistics like standard deviation, but I don't think your key covers that.
