Note Corporation has prepared its sales budget for the first two quarters of 2019. Expected sales in
Note Corporation has prepared its sales budget for the first two quarters of 2019. Expected sales in units are 240,000 in the first quarter and 420,000 in the second quarter. The company likes to maintain an inventory at the end of each quarter equal to one fourth of the next quarter's expected sales. The company had 70,000 units in inventory on December 30,2018. How many units does Note Corporation need to purchase during the first quarter of 2019? 345,000 275,000 590,000 170,000
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