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If opening inventory for the day was $300, daily issues were $500, the purchases totaled $700, and the actual inventory was $450, what was the
If opening inventory for the day was $300, daily issues were $500, the purchases totaled $700, and the actual inventory was $450, what was the difference between book and actual inventory as a percentage of issues on that day?
Select one:
a. 10.0%
b. 16.7%
c. 20.0%
d. 9%
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