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Rambo Company is always worried about missing out on sales so they make sure that ending inventory each month is equal to 30% of that
Rambo Company is always worried about missing out on sales so they make sure that ending inventory each month is equal to 30% of that month's cost of goods sold. Cost of goods sold for February is projected at $85,000. Ending inventory at the end of January was $34,000. Based on this information, purchases for February would be: Multiple Choice $61,200. O $95,200 O $51,000. O $76,500
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