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Print Item Select information for Roberts Company is presented below: Cost of goods sold $30,000 Purchases returns and allowances 1,500 Gross profit 25,000 Selling expenses
Print Item Select information for Roberts Company is presented below: Cost of goods sold $30,000 Purchases returns and allowances 1,500 Gross profit 25,000 Selling expenses 9,000 Net income 10,750 Transportation-in 1,250 Purchases 35,000 Ending inventory 8,790 Required: Compute the following (ignore income taxes): a. Sales $ b. Beginning inventory TA C General and administrative expenses
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