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Business, 16.02.2021 04:20 Michael9979

g A physical inventory taken on December 31, 2020, resulted in an ending inventory of $1,150,000. Historically, Jensen's gross margin on sales has remained constant at 25%. Jensen suspects that an unusual amount of inventory may have been damaged and disposed of without appropriate tracking. At December 31, 2020, what is the estimated cost of missing inventory

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g A physical inventory taken on December 31, 2020, resulted in an ending inventory of $1,150,000. Hi...
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