Sales were 150000 the gross profit rate is 30 using the
Question - This year john company had beginning inventory of $100,000. Inventory purchases were $35,000. Sales were $150,000. The gross profit rate is 30%. Using the gross profit method of inventory estimation. What is ending inventory?
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question - this year john company had beginning inventory of 100000 inventory purchases were 35000 sales were 150000
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