Using the Percentage of Sales method, you calculated your Cost of Goods Sold to be $5,000, on
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Using the Percentage of Sales method, you calculated your Cost of Goods Sold to be $5,000, on $20,000 in sales for last month. Using the same method, what will your Cost of Goods Sold be for this month, if your sales are $16,000? 5000 4000 12000 15000
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