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assume a merchandising company s estimated sales for january, february, and march and $ 1 0 5 0 0 0 , 1 2 5 0

assume a merchandising companys estimated sales for january, february, and march and $105000,125000, and $115000, respectively. its cost of goods sold is always 30% of its sales. The company always maintains ending merchandise inventory equal to 10% of next months cost of goods sold. What are the required merchandise purchases for January?

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