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Business, 28.08.2019 05:20 BobJRJR

Cloverdale, inc., uses the conventional retail inventory method to account for inventory. the following information relates to current year's operations: cost retail beginning inventory and purchases $ 313,500 $ 540,000 net markups 30,000 net markdowns 20,000 net sales 480,000 what amount should be reported as cost of goods sold for the year?

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