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Business, 28.11.2019 05:31 brainy51

The following information pertains to hague corp.’s year 2 cost of goods sold: inventory, 12/31/year 1 $180,000 year 2 purchases 248,000 year 2 write-off of obsolete inventory 68,000 inventory, 12/31/year 2 60,000 the inventory written off became obsolete because of an unexpected and unusual technological advance by a competitor. in its year 2 income statement, what amount should hague report as cost of goods sold?

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The following information pertains to hague corp.’s year 2 cost of goods sold: inventory, 12/31/yea...

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