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Lolita Company has the following information: Beginning Inventory Net Purchases Net Sales Gross Profit Percentage $180,000 $410,000 $790,000 40% Lolita Company's estimated ending inventory is:
Lolita Company has the following information: Beginning Inventory Net Purchases Net Sales Gross Profit Percentage $180,000 $410,000 $790,000 40% Lolita Company's estimated ending inventory is: (Round your final answer to the nearest dollar.) O A. $474,000. O B. $590,000. O C. $274,000. OD, $116,000
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