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lollie614 lollie614
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6 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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6 months ago
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lollie614 Author
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6 months ago
Helped a lot
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
this is exactly what I needed
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