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A firm has just ended its calendar year making a sale in the amount of $150.000 of merchandit purchased during the years total cost of

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A firm has just ended its calendar year making a sale in the amount of $150.000 of merchandit purchased during the years total cost of $112.000 Athough the main for the merchandu year, it is yet to collect a year end from the customer. The net profitand how from this for the year are 137.500 and $112.500, respectively 3150,000 and 5112.500, respectively 50 and 5150,000, respectively 137.500 and 5150,000, respectively

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