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Question 6 Not yet answered Marked out of 2.00 p Flag question The selling price of inventory of Company Epsilon at 31 March is 175,000.
Question 6 Not yet answered Marked out of 2.00 p Flag question The selling price of inventory of Company Epsilon at 31 March is 175,000. The company marks up its goods by 30%. One-third of the inventory has been damaged in a flood and will be sold for 20,000. Which of the following will be the correct value for closing inventory at 31 March in the Statement of Financial Position? Select one: a. 109,743 b. 134,615 c. 44,872 d. 24,872
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