Viewpoint Company’s October 31 inventory was destroyed by fire. The company’s beginning inventory was $500,000, and purchases fo
r January through October were $1,200,000. Sales for the same period were $1,800,000. The company’s normal gross profit percentage is 30% of sales. Using the gross profit method, the October 31 inventory is estimated to be $300,000. $40,000. $540,000. $440,000.
EXPLANATION: It says x =6 and y=7 And if number are rite next to each other with no symbol you always multiply so it would be 3 6 + 2 7 so 3x6=18 and 2x7=14 so it would be 18+14