Business, 12.12.2019 00:31 roblesjairus

Blue corporation’s april 30 inventory was destroyed by fire. january 1 inventory was $155,000, and purchases for january through april totaled $467,300. sales revenue for the same period was $684,500. blue’s normal gross profit percentage is 25% on sales. using the gross profit method, estimate blue’s april 30 inventory that was destroyed by fire. estimated ending inventory destroyed in fire __ $.

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Blue corporation’s april 30 inventory was destroyed by fire. january 1 inventory was $155,000, and p...

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