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The invoice price of goods purchased is $25,000 with purchase terms of 4/7, n/30 and FOB destination. The invoice is paid within the week of
The invoice price of goods purchased is $25,000 with purchase terms of 4/7, n/30 and FOB destination. The invoice is paid within the week of receipt and the shipping costs are $200. By what amount should the purchaser's Inventory be increased? DO NOT INCLUDE $ IN YOUR
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