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Business, 14.07.2021 01:50 Bryson2148

Sullivan Company uses the periodic inventory system. The following balances were drawn from the accounts of Sullivan Company prior to the closing process: Sales revenue $ 21,500 Beginning inventory balance 5,100 Purchases 9,900 Transportation-in 1,350 Transportation-out 1,550 Purchase discounts 1,150 Ending inventory balance 5,500 What is the gross margin that will be shown on the income statement bartley

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