Locent technology maintains In grass Margain of 40% April the Company had A 231, 180 B 300, 960. ẹ 306,420 D 381,660 6 on all merchandire.. a beginning inventory of 518,700 purchases of 314,400 and net Sales of 752,400. Use the grass profit method to estimate Cost of ending inventory as of March 31,?
Locent technology maintains In grass Margain of 40% April the Company had A 231, 180 B 300, 960. ẹ 306,420 D 381,660 6 on all merchandire.. a beginning inventory of 518,700 purchases of 314,400 and net Sales of 752,400. Use the grass profit method to estimate Cost of ending inventory as of March 31,?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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
Transcribed Image Text:Levent technology maintains
had
gruss Margain of 40%
In April the Campany
net purchases of
752,400. Use the grass
Cost of ending
a
all merchandire.
beginning inventory of 518,700
314,400 and
net Sales of
(
A
231, 180
B 300, 960
ẹ 306,420
D 381,660
profit method to estimate.
inventory
as
of March 31,?
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