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Author Question: The method of inventory estimation using a company's gross margin percent to estimate the ending ... (Read 119 times)

khang

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on: Jun 24, 2018
The method of inventory estimation using a company's gross margin percent to estimate the ending inventory is called the net income method.
  Indicate whether the statement is true or false

Question 2

Hard Blues Music buys CDs with a list price of 32,000. If the wholesaler offers trade discounts of 3/2/1, find the net price factor.
 A) 0.35005
  B) 0.65021
  C) 0.94109
  D) 0.52484


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alexanderhamilton

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


khang

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Reply #2 on: Jun 24, 2018
Thank you


alexanderhamilton

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Reply #3 on: Jun 24, 2018
No problemo


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