Steps to compute estimated ending drug inventory

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For a pharmacy division, within the sequential steps to compute estimated ending drug inventory, what percent of net sales represents cost of goods (drugs) sold if net sales are $1,000,000 and dollar amount of cost of goods (drugs) sold is $700,000?

Reference no: EM131360859

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Steps to compute estimated ending drug inventory : For a pharmacy division, within the sequential steps to compute estimated ending drug inventory, what percent of net sales represents cost of goods (drugs) sold if net sales are $1,000,000 and dollar amount of cost of goods (drugs) sold is $700,000?
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