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<129 of 552> Scoical20103643 CRITICAL THINKING MINI CASE You have just graduated with a business diploma in management and have been hired as the

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<129 of 552> Scoical20103643 CRITICAL THINKING MINI CASE You have just graduated with a business diploma in management and have been hired as the inventory manager for a local sporting goods store. Your first task is to review and assess the following information: Cost of merchandise sold to customers in sales transactions Merchandise inventory balance, beginning of year Invoice cost of merchandise purchases Shrinkage determined at end of year Cost of transportation-in Cost of merchandise returned by customers and restored to inventory Purchase discounts received Purchase returns and allowances received Required Using the elements of critical thinking described on the inside front cover, comment. 2023 $480,000 2022 $320,000 84,000 $10,000 240,000 2.500 14,000 25.500 12.000 115,000 22,400 5.100 2,400 2.550 1.200

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