Excellence in Business Communication (12th Edition)
Excellence in Business Communication (12th Edition)
12th Edition
ISBN: 9780134319056
Author: John V. Thill, Courtland L. Bovee
Publisher: PEARSON
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Chapter 11, Problem 1LOC
Summary Introduction

To Select:

The reason that it is important to clearly determine the purpose before writing long reports.

Concept introduction:

Report writing is an essential task in business. Writing perfect and excellent business documents and the report is imperative to any professionals. The purpose of this question is to identify why it is significant to understand the purpose to start writing the report, as a poorly designed report will immediately convey a negative impression about the business individual who is responsible to design the reports.

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The following information is provided by Raynette's Pharmacy for the last quarter of its fiscal year ending on March 31, 20--: Cost Retail Inventory, start of the period, January 1, 20-- $ 33,700 $52,600 1,71,635 2,63,300 2,60,700 Net purchases during the period Net sales for the period 1. Estimate the ending inventory as of March 31 using the retail inventory method. 2. Estimate the cost of goods sold for the time period January 1 through March 31 using the retail inventory method.
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