question archive 1) If the estimated rate of gross profit is 30%, what is the estimated cost of the merchandise inventory on September 30, based on the following data? Sep
Subject:BusinessPrice: Bought3
1) If the estimated rate of gross profit is 30%, what is the estimated
cost of the merchandise inventory on September 30, based on the following data?
Sep. 1Merchandise inventory (at cost)$76,498Sep. 1-30Purchases, net (at cost)183,317Sep. 1-30Sales122,855
a.$36,857
b.$85,999
c.$173,817
d.$54,995
2) Mention two (2) of the cultural assimilators and explain how these
can facilitate the process of cultural integration of employees