Jefferson Company has sales of $300,000 and cost of goods available for sale of $270,000. If the gross profit ratio is typically 30%, the estimated cost of the ending inventory under the gross profit method would be:.A. $60,000B. $180,000C. $30,000D. $90,000E. $120,000
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Jefferson Company has sales of $300,000 and cost of goods available for sale of $270,000. If the gro...
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