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Category > Management Posted 30 Jan 2018 My Price 4.00

Arizona Chemical Supply Company

ES-lSA. (Appendix B) Estimate inventory. (LO 9)

The following information is available for the Arizona Chemical Supply Company.

 

Inventory, January 1, 2006

Net purchases for the month of January Net  sales for the month of January Gross profit ratio  (historical)

 

$240,000 750,000

950,000

40%

 

Estimate the cost of goods sold for January  and the ending inventory  at January  31,   2006.

 

 

Answers

(5)
Status NEW Posted 30 Jan 2018 12:01 AM My Price 4.00

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