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abs records reflect sales of $150,000, at starting inventory of $105,000 and total purchases of $30,000 if ghe groos profit rate on sales is 40%
abs records reflect sales of $150,000, at starting inventory of $105,000 and total purchases of $30,000
if ghe groos profit rate on sales is 40% the estimated cost of ending inventory under the gross profit method will be
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