They have estimated that the cost of goods sold is 70 percent of sales. The...
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They have estimated that the cost of goods sold is percent of sales. The company tries to maintain percent of next quarter's expected cost of goods sold as the current quarter's ending inventory. The ending inventory of this year is $ For budgeting, the ending inventory of the next year is expected to be $ table$$ 
They have estimated that the cost of goods sold is percent of sales. The company tries to maintain percent of next quarter's expected cost of goods sold as the current quarter's ending inventory. The ending inventory of this year is $ For budgeting, the ending inventory of the next year is expected to be $
table$$
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