Oman Sales had only ordered goods with a selling price of $10,000 and a cost of $8,000.

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Oman Sales had only ordered goods with a selling price of $10,000 and a cost of

$8,000. However, a Sergei’s sales manager had authorized the shipment and said that if Oman wanted to ship the goods back next week, it could.

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Financial Accounting

ISBN: 9781118953907

8th Edition

Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso

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