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FunStuff sells board games to PlayStore, with the condition that PlayStore only needs to pay for the items after it sells them, and can
FunStuff sells board games to PlayStore, with the condition that PlayStore only needs to pay for the items after it sells them, and can return unsold items. FunStuff retains title to all unsolf itesm. During the first year if this relationship, FunStuff shipped $40,000 worth of games to PlayStore and 75% was sold for $50,000. What will PlayStore's ending inventory be? a. $10,000 b. $12,500 c. $30,000 d. Nil
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