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You are provided with the following information: Cost $ Retail $ 21,000 32,000 Opening inventory Net purchases 129,000 218,000 Net sales 228,000 What is the
You are provided with the following information: Cost $ Retail $ 21,000 32,000 Opening inventory Net purchases 129,000 218,000 Net sales 228,000 What is the value of closing inventory using the Retail Inventory method? Round dollars to the nearest dollar and percentages to one decimal point - if required to do so. Enter your answer as a whole dollar and do not use cents
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