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Lincoln Corporation had reported the following amounts at December 31, 2014: net sales revenue S184,000; ending inventory $11,600; beginning inventory $17,200; purchases $60,400 at 1/10,
Lincoln Corporation had reported the following amounts at December 31, 2014: net sales revenue S184,000; ending inventory $11,600; beginning inventory $17,200; purchases $60,400 at 1/10, n/30; purchase returns and allowances $1,100; and freight-in S600. (round to one decimal place) A. $119693 and 65.1% B. $76507 and 41.6% c. $119093 and 64.7% D. $75907 and 41.3% 6-11
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