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answer asap Sanchez Cornpcmy engaged in the following transactions during Year 1.1) Started the business by issuing Of common Stock cosh. 2.2) The Compony cosh
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Sanchez Cornpcmy engaged in the following transactions during Year 1.1) Started the business by issuing Of common Stock cosh. 2.2) The Compony cosh to purchase S27lOO Of inventory. 3.3) The compony sold inventory that cost 316.700 for SS23SO cash. a. 4) expenses and paid dwing the S 14.700. Sanchez Company engaged in the transactions during 2: L') The cornfxny paid cash to purchase S36,600 ot inventory. 2.2) The company Sold that COSt Cash 3.3) expenses irx:urrea ana paid during the year. S 18.700. t-"te: Sanchez uses tho inventory system. What is Sanchez's gross margin tor Yeor 2? Sti550 $25250 $22150
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