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Alpha had net sales of $20 million, ending inventory of $2 million, beginning inventory of $10 million, and a gross profit percent of 20%. Using
Alpha had net sales of $20 million, ending inventory of $2 million, beginning inventory of $10 million, and a gross profit percent of 20%. Using the periodic inventory system, how much was Alpha's net purchases? O $8 million O $12 million O The correct answer is not listed. O $10 million O $6 million
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Design And Maintenance Of Accounting Manuals
Authors: Harry L. Brown
3rd Edition
0471253685, 978-0471253686
