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Beta had beginning inventory of $10 million, net purchases of $8 million, net sales of $20 million, and a gross profit percent of 20%. Using
Beta had beginning inventory of $10 million, net purchases of $8 million, net sales of $20 million, and a gross profit percent of 20%. Using the periodic inventory system, how much was Betas ending inventory?
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Audit Renaissance
Authors: Vakils
1st Edition
8184621639, 978-8184621631
