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On July 31st, a book inventory indicates an on hand retail stock of $57,300. A physical count on that date reveals a stock of $54,980.

On July 31st, a book inventory indicates an on hand retail stock of $57,300. A physical count on that date reveals a stock of $54,980.

What is the opening retail book inventory figure for the next period commencing August 1st?

What is the shortage percent if the sales dollars were $49,000? (Round one place to the right of the decimal & include a % sign)

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