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Use the information below to answer the following question. Pinkerton Ltd uses a perpetual control system for its inventory.It had the following data for a recent period:
Use the information below to answer the following question. Pinkerton Ltd uses a perpetual control system for its inventory.It had the following data for a recent period:   - If Pinkerton Ltd had employed the periodic inventory method,what would its gross profit have been? A)  $280 000 B)  $300 000 C)  $320 000 D)  $440 000
- If Pinkerton Ltd had employed the periodic inventory method,what would its gross profit have been?


A) $280 000
B) $300 000
C) $320 000
D) $440 000

Correct Answer:

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