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0/1 point Question 8 Stan Stewarts Inventory policy for the purchasing of stock advises that each month must have a closing stock balance that is

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0/1 point Question 8 Stan Stewarts Inventory policy for the purchasing of stock advises that each month must have a closing stock balance that is equal to 40% of the next months sales Using the below information what is the closing stock for August 2018 Sales July 2017 4,000 units 4.200 units Sales August 2017 Sales September 2017 4,150 units Sales October 2017 4.300 units 6660 0/1 point Question 9 A 12 month insarance policy of $6.000 was paid on 1 April 2018 What is the anount of Prepaid Insurance as at 30 June 2018 56.000 $4.500 $1.500 $3000 0/1 point Question 10

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