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    "meta_title": "[Solved] On 12\/31\/14 Montana Co. prepared the foll | SolutionInn",
    "meta_description": "Answer of - On 12\/31\/14 Montana Co. prepared the following partial income statement: Gross sales=$800,400 \/ sales discount=$400 \/ | SolutionInn",
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    "question_title_h1": "On 12\/31\/14 Montana Co. prepared the following partial income statement: Gross sales=$800,400 \/ sales discount=$400 \/ Net sales=$800,000 \/ Beginning inventory=$300,000 \/ Net purchases=$300,000. If",
    "question_title": "On 12\/31\/14 Montana Co. prepared the following partial income statement: Gross sales=$800,400",
    "question_title_for_js_snippet": "On 12 31 14 Montana Co  prepared the following partial income statement  Gross sales $800,400   sales discount $400   Net sales $800,000   Beginning inventory $300,000   Net purchases $300,000  If Montana Co's gross margin is 30  of net sales, what is the correct ending inventory balance  (a)$40,000 (b)$240,000 (c)$360,000 (d)$600,000",
    "question_description": "On 12\/31\/14 Montana Co. prepared the following partial income statement: Gross sales=$800,400 \/ sales discount=$400 \/ Net sales=$800,000 \/ Beginning inventory=$300,000 \/ Net purchases=$300,000. If Montana Co's gross margin is 30% of net sales, what is the correct ending inventory balance? (a)$40,000 (b)$240,000 (c)$360,000 (d)$600,000",
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    "related_book": {
        "title": "International Accounting",
        "isbn": "978-0136111474, 0136111475",
        "edition": "7th Edition",
        "authors": "Frederick D. Choi, Gary K. Meek",
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