Solution for QID #24709: 1) If the estimated rate of gross profit is 30%, what is the | StudyHelpMe

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