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A fire destroyed a warehouse. Accounting records on that date indicated the following Inventory at the beginning of the year Purchases during the year $

A fire destroyed a warehouse. Accounting records on that date indicated the following
Inventory at the beginning of the year
Purchases during the year
$18
Sales 80
SHOW WORK PLEASEEE!!! The gross profit ratio averages 30% of sales. Estimate the cost of inventory destroyed in the
fire. Show work for credit.
A. $25
B. $30
C. $20
D. $36
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