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Business, 18.01.2021 14:00 jholland03
The following data is from Netflicks Company for 2020.
Sales revenue $96,000
Beginning inventory 12,800
Purchases 64,000
For each separate case a through e, estimate ending inventory.
a. Markup is 50% on cost. ?
b. Markup is 60% on sales. ?
c. Markup is 25% on cost. ?
d. Markup is 40% on sales. ?
e. Markup is 60% on cost. ?
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Answers: 1
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The following data is from Netflicks Company for 2020.
Sales revenue $96,000
Beginning inven...
Beginning inven...
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