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QUESTION 10 Company III has provided the following operating information: sales $70,000. purchased inventory S68.000, net income $10,000, beginning inventory $25.000, and gross profit $20,000.
QUESTION 10 Company III has provided the following operating information: sales $70,000. purchased inventory S68.000, net income $10,000, beginning inventory $25.000, and gross profit $20,000. How much was Company III 's ending inventory? a. $12.000 b. $113,000 C. $43,000 d. $33,000
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