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Business, 16.04.2020 21:18 hannahmyung1113

The expected gross profit rate is 30% and the inventory at the end of February was $10,000. Desired inventory levels at the end of the month are 20% of the next month's cost of goods sold. What is the desired beginning inventory on June 1?

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The expected gross profit rate is 30% and the inventory at the end of February was $10,000. Desired...
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