Question
The following are excerpt from the g/l of the inc. Sales 2,000,000 Return of sales 60,000 Freight in 35,000 Purchase discount 25,000 Ending inventory 140,000
The following are excerpt from the g/l of the inc.
Sales 2,000,000
Return of sales 60,000
Freight in 35,000
Purchase discount 25,000
Ending inventory 140,000
If the race gross margin is 35% of net sales. What is the cost of goods
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Business Accounting Volume 2
Authors: Frank Wood, Alan Sangster
6th Edition
0273039148, 9780273039143
