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2. Using the following figures, determine closing book inventory (not all iformation given may be ed) Opening inventory/ Gross purchases RTV Cash discounts Markdowns/ Markdown

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2. Using the following figures, determine closing book inventory (not all iformation given may be ed) Opening inventory/ Gross purchases RTV Cash discounts Markdowns/ Markdown cancellations/ Employee discounts Gross sales/ Customer returns/ Net markups $89,760 $43,620 $860 $320 $5,246 $318 $784 $49,318 $2,945 $760

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