Assume a merchandising company??s estimated sales for January,February, and March are $112,000, $132,000, and $122,000,respectively. Its cost of goods sold is always 60% of its

Assume a merchandising companyâ??s estimated sales for January,February, and March are $112,000, $132,000, and $122,000,respectively. Its cost of goods sold is always 60% of its sales.The company a 2 answers