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Business, 05.08.2019 23:10 hardwick744
Sam's toys budgeted sales of $ 700 comma 000 for the month of november and cost of goods sold equal to 60% of sales. beginning inventory for november was $ 50 comma 000 and ending inventory for november is estimated at $ 51 comma 000. how much are the budgeted purchases for november?
a) $287,000
b) $235,000
c) $245,000
d) $127,000
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Answers: 3
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Sam's toys budgeted sales of $ 700 comma 000 for the month of november and cost of goods sold equal...
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