Business, 08.04.2020 01:29, ansonferns983

Amber is in charge of preparing an annual budget for her company. As part ofthe budgeting process, she must estimate cost of goods sold and ending inventory. Which of the following statements is correct regarding the use of the gross profit method?

-Amber may utilize the gross profit method to estimate ending inventory and cost of goods sold

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Amber is in charge of preparing an annual budget for her company. As part ofthe budgeting process, s...