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Business, 17.12.2021 05:30 mochoa4

During the month of January, Sundown Corporation had sales of $500,000 and a cost of goods available for sale of $1,000,000. The company consistently earns a gross profit rate of 45%. Using the gross profit method, the estimated inventory at January 31 amounts to:

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During the month of January, Sundown Corporation had sales of $500,000 and a cost of goods available...
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