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Delta Merchandising, Inc., has provided the following information for the year just ended: Net sales $128,500 Beginning inventory $24,000 Purchases $80,000 Gross margin $38,550 What

Delta Merchandising, Inc., has provided the following information for the year just ended: Net sales $128,500 Beginning inventory $24,000 Purchases $80,000 Gross margin $38,550 What was the ending inventory for the company at year-end? $14,050. $65,450. $24,500. $9.950

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