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Cassie Corporation has provided the following information for its most recent month of operation: sales $32,800, beginning inventory $8,200, purchases $16,400 and gross profit $19,200.

Cassie Corporation has provided the following information for its most recent month of operation: sales $32,800, beginning inventory $8,200, purchases $16,400 and gross profit $19,200. How much was Cassies ending inventory? 5,600. 11,000. 6,800. 2,800.

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GAO Financial Audit Manual Volume 3 June 2018

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