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Lolita Company has the following information. Beginning Inventory Net Purchases Net Sales $170,000 $360,000 $830,000 40% Gross Profit Percentage Lolita Company's estimated ending inventory
Lolita Company has the following information. Beginning Inventory Net Purchases Net Sales $170,000 $360,000 $830,000 40% Gross Profit Percentage Lolita Company's estimated ending inventory is (Round your final answer to the nearest dollar.) A. $198,000. OB. $32,000. OC. $530,000 OD. $498,000.
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