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DQuestion 57 4 pts At the beginning of the year, Wildcat Athletic had an inventory of $300.000. During the year the company purchased goods costing

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DQuestion 57 4 pts At the beginning of the year, Wildcat Athletic had an inventory of $300.000. During the year the company purchased goods costing $1.200.000. If Wildcat Athletic reported ending nventory of $450,000 and sales of $1.500.000, their cost of goods sold and gross profit rate uld be o $1,050,000 and 70%. O $1,050,000 and 3096. O $750,000 and 70% $750,000 and 70% D Question 58 3 pts

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