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HELP!!! Question 11 3.33 pts For 2015, the Charlie Company had net sales of $500,000 and a gross profit of $200,000. This gross profit %

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Question 11 3.33 pts For 2015, the Charlie Company had net sales of $500,000 and a gross profit of $200,000. This gross profit % is consistent with all preceding years. During the first quarter of 2016, the company made purchases of $19,500 and recorded net sales of $47,500. The inventory value at the beginning of the year was $15,500. What is the estimated cost of Baird Company's inventory on March 31, 2016 using the gross profit method? $6,500 $6,000 $15,000 $22,500

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