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on a paper please... The inventory of Sixth Avenue Department Store was destroyed by a fire on September 10, 2017. The fol- lowing 2017 data
on a paper please...
The inventory of Sixth Avenue Department Store was destroyed by a fire on September 10, 2017. The fol- lowing 2017 data were found in the accounting records: Jan. 1 inventory... Jan. 1-Sept. 10 purchases (net). Jan. 1-Sept. 10 sales....... 2017 estimated gross profit rate $180,000 $342.000 $675,000 42% Estimate the cost of the inventory destroyed in the fire using the gross profit methodStep by Step Solution
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