John H.

asked • 5d

What is the Estimated Cost of Goods Sold? What is the Estimated Ending Inventory?

January 1... $190,000

January 1 through September 5 purchases (net)... $352,000

January 1 through September 5 sales (net)...$685,000

Year 2015 estimated gross profit rate...44%

1 Expert Answer


Scott M. answered • 4d

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