In order to use the Gross Profit Method, what are things the company should know? What can the company "come up" with and what can they solve for?
Answer: Company needs to know COG available for sale = BI + NP
In order to use the Gross Profit Method, what are things the company should know? What can the company "come up" with and what can they solve for?
Answer: Company needs to know COG available for sale = BI + NP
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.