JT Department Store expects to generate the following sales for the next three months: 
JT's cost of gods sold is 60% of sales dollars. At the end of each month, JT wants a merchandise inventory balance equal to 20% of the following month's expected cost of goods sold. What dollar amount of merchandise inventory should JT plan to purchase in August?
Definitions:
Expression
A combination of symbols and numbers to represent a mathematical operation or quantity.
Radical Expression
An expression that contains a square root, cube root, or another root.
Evaluate
To assess the value of an expression.
Calculator
An electronic or mechanical device used to perform mathematical calculations.
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