A companys gross profit rate is 30 of sales expected

Reference no: EM13595835

A company's gross profit rate is 30% of sales. Expected January sales are $78,000 and desired January 31st inventory is $7,500. Assuming the December 31st inventory is $6,200 what amount of purchases should this company budget for the month of January?

Reference no: EM13595835

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A companys gross profit rate is 30 of sales expected

Reference no: EM13595835

Reference no: EM13595835

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