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Business, 07.11.2019 00:31 kingdevin16

The following information is available for sweden company for its most recent year:
net sales $1,800,000
freight-in 45,000
purchase discounts 25,000
ending inventory 120,000
the gross margin is 40% of net sales. what is the cost of goods available for sale?
a $1,200,000
b $1,220,000
c $960,000
d $840,000

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Answers: 3

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The following information is available for sweden company for its most recent year:
net sales...
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