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    Intermediate Accounting Study Set 5
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    Exam 9: Inventory and Cost of Goods Sold
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    The Following Information Is Available for the Fawcett Company for 2014
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The Following Information Is Available for the Fawcett Company for 2014

Question 74

Question 74

Essay

The following information is available for the Fawcett Company for 2014:
The following information is available for the Fawcett Company for 2014:    The cost of goods sold is equal to 400% of selling expenses.Compute the cost of goods available for sale. The cost of goods sold is equal to 400% of selling expenses.Compute the cost of goods available for sale.

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