Business, 04.07.2020 19:01 pearpeaerrr1993

Gore Company's accounting records indicated the following information: Inventory, 1/1/15 $ 600,000 Purchases during 2015 3,000,000 Sales during 2015 3,800,000 A physical inventory taken on December 31, 2015, resulted in an ending inventory of $700,000. Gore's gross profit on sales has remained constant at 25% in recent years. Gore suspects some inventory may have been taken by a new employee. At December 31, 2015, what is the estimated cost of missing inventory

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Gore Company's accounting records indicated the following information: Inventory, 1/1/15 $ 600,000 P...

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