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On the Basis of the Following Data, What Is the Estimated

Question 18

Multiple Choice

On the basis of the following data, what is the estimated cost of the merchandise inventory on May 31 using the retail method? On the basis of the following data, what is the estimated cost of the merchandise inventory on May 31 using the retail method? A) $250,000 B) $360,000 C) $172,500 D) $187,500


A) $250,000
B) $360,000
C) $172,500
D) $187,500

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