Business, 15.07.2020 02:01 liammarinewoods
A company's warehouse was destroyed by a tornado on March 15. The following information was salvaged from the ruins: Inventory, beginning: $62,000 Purchases for the period: $42,500 Sales for the period: $123,000 Sales returns for the period: $1,600 The company's average gross profit ratio is 35%. What is the estimated cost of the lost inventory
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A company's warehouse was destroyed by a tornado on March 15. The following information was salvaged...
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