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answer asap Use the following to answer $750,000 Net Sales $345,000 Gross profit $16,000 Beginning inventory $421,000 Purchases $298,000 Operating expense 15% Average tax rate
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Use the following to answer $750,000 Net Sales $345,000 Gross profit $16,000 Beginning inventory $421,000 Purchases $298,000 Operating expense 15% Average tax rate Cost of goods sold: [ Choose Ending inventory: Choose Operating income: [Choose) Income tax expense: [Choose ] Gross profit ratio: [ Choose ]
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