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Find the shortage or overage percentage if: Net sales $137,000 Opening inventory (retail) 140,000 Markdowns 7,000 Employee discounts 1,000 Retail purchases 96,000 Closing physical inventory
Find the shortage or overage percentage if:
Net sales $137,000
Opening inventory (retail) 140,000
Markdowns 7,000
Employee discounts 1,000
Retail purchases 96,000
Closing physical inventory 89,150
- .014%
- .14%
- 1.4%
- 14%
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