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Cassie Corporation Has Provided the Following Information for Its Most

Question 61

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Cassie Corporation has provided the following information for its most recent month of operation: sales $32,000,beginning inventory $8,000,purchases $16,000 and gross profit $20,000.How much was Cassie's ending inventory?


A) $4,000.
B) $8,000.
C) $6,000.
D) $12,000.

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