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The following data are for Jessee's Candy Store for January: Eeginning inventory $235,000 Net sales revenue $430,000 Net purchases $595,000 Normal gross profit rate 30%
The following data are for Jessee's Candy Store for January: Eeginning inventory $235,000 Net sales revenue $430,000 Net purchases $595,000 Normal gross profit rate 30% What is the company's estimated cost of goods sold for the month? A. $301,000 B. $129,000 C. $165,000 D. $195,000
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