Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 29 Jul 2017 My Price 4.00

Akram Corporation

The Akram Corporation uses the retail method of inventory. The following data are available for the year ended December 31, 20x9: Cost Retail Inventory, January 1, 20x9 $600,000 $1,350,000 Additional markups 30,000 Markup cancellations 18,000 Markdowns 120,000 Markdown cancellations 36,000 Purchases 1,890,000 4,450,000 Purchase returns 86,000 190,000 Freight-in 34,000 - Sales 4,860,000 Sales returns 160,000 Employee discounts 4,800 Required – Calculate the cost of the inventory at December 31, 20x9.

Answers

(5)
Status NEW Posted 29 Jul 2017 10:07 AM My Price 4.00

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