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Use the following to answer questions 1821 The company begins the year with inventory of $75,000 and ends the year with inventory of $90,000. During

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Use the following to answer questions 1821 The company begins the year with inventory of $75,000 and ends the year with inventory of $90,000. During the year, the following amounts are recorded: 18. $ Net Sales 19. $ Calculate cost of goods sold 20. $ Gross profit 21. \% Gross profit ratio (rounded to once decimal place)

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