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At May 31, Waterway Company has net sales of $315,000 and cost of goods available for sale of $213,000. Compute the estimated cost of the
At May 31, Waterway Company has net sales of $315,000 and cost of goods available for sale of $213,000. Compute the estimated cost of the ending inventory, assuming the gross profit rate is 35%. Estimated cost of ending inventory $
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
