Assume a merchandising company??s estimated sales for January,February, and March are $120,000, $140,000, and $130,000,respectively. Its cost of goods sold is always 55% of its

Assume a merchandising companyâ??s estimated sales for January,February, and March are $120,000, $140,000, and $130,000,respectively. Its cost of goods sold is always 55% of its sales.The company a 2 answers