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Assume a merchandising company's estimated sales for January, February, and Mach are $100,000,$120,000, and $110,000, respectovely its cost of goods soid is bways 40 s

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Assume a merchandising company's estimated sales for January, February, and Mach are $100,000,$120,000, and $110,000, respectovely its cost of goods soid is bways 40 s of its sales. The company aways maintains ending merchandise inventory equal to toz of reat mionth's cost of goods sold What are the required merchandise purchases for January? Mutiple Choice 540,900 144200 546.000 $39,200

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