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lollie614 lollie614
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7 months ago

Given the following, calculate the estimated cost of ending inventory using the gross profit method.

Gross profit on sales28%
Beginning Inventory January 1, 2017$ 60,000
Net Purchases$ 44,000
Net Sales at Retail$ 55,000
Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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casinogurlcasinogurl
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7 months ago
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lollie614 Author
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7 months ago
Correct Slight Smile TY
asd454512
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Tabitha.davis
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2 hours ago
Good timing, thanks!
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