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The Following Data Is Available: Using the Gross Profit

Question 72

Multiple Choice

The following data is available: The following data is available: Using the gross profit method, the estimated ending inventory balance would be: A) $15,000. B) $7,150. C) $10,200. D) $5,850. Using the gross profit method, the estimated ending inventory balance would be:


A) $15,000.
B) $7,150.
C) $10,200.
D) $5,850.

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