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Business, 26.08.2021 23:20 kquestion

Jefferson Company has net sales of $317,000 and cost of goods available for sale of $271,700. If the gross profit ratio is typically 30%, the estimated cost of the ending inventory under the gross profit method would be:

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Jefferson Company has net sales of $317,000 and cost of goods available for sale of $271,700. If the...
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