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Margolians Dept Store Estimates Inventory by Using the Retail Inventory

Question 69

Multiple Choice

Margolians Dept Store estimates inventory by using the retail inventory method. The following information was developed: Margolians Dept Store estimates inventory by using the retail inventory method. The following information was developed: The estimated cost of the ending inventory is A) $250,000. B) $140,000. C) $ 95,000. D) $100,000. The estimated cost of the ending inventory is


A) $250,000.
B) $140,000.
C) $ 95,000.
D) $100,000.

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