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Animentory taken the morningafter a large theft discloses $62,000 of goods on hand as of March 12 . The following additional data is available from

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Animentory taken the morningafter a large theft discloses $62,000 of goods on hand as of March 12 . The following additional data is available from the books: Past records indicate that sales are made at 40% above cost. Estimate the inventory of geods on hand at the ciose of business on March 11 by the zross profit method and determine the amount of: the theftoss

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