Answer:
$1,325
Step-by-step explanation:
All we have to do is to identify which amount is the goal, and which amount(s) are taken steps toward that goal. Once you identify those, deduct whatever amount(s) that have got you closer to the goal and you will get what is still left to achieve. Or as stated in this example, the open-to-buy amount.
Goal:
$3,500 (as planned)
Steps made toward reaching planned goal:
Orders Received: $975
Merchandise ordered: $1,200
Compute the goal minus the steps achieved so far and Voila! You will get your open-to-buy amount.
$3,500-$975-$1,200=$1,325
