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Beginning inventory = $33,338 Purchases = $214,288 Sales = $325,144 Markup on Cost (Profit as a percentage of cost) = 55% Provide an estimate for
Beginning inventory = $33,338 Purchases = $214,288 Sales = $325,144 Markup on Cost (Profit as a percentage of cost) = 55% Provide an estimate for the ending inventory value.
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