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A company has cost of goods available for sale of $250,000, sales of $287,000 , and a gross profit percentage of 30 percent. Using the
A company has cost of goods available for sale of $250,000, sales of \$287,000 , and a gross profit percentage of 30 percent. Using the gross profit method, what is the ending inventory? a. $49.100 b. $50,000 c. $113,000 d. \$163,900
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