Business, 20.12.2019 20:31 tessafargo

Harrison's supply co. suffered a fire loss on april 20, 2013. the company's last physical inventory was taken january 30, 2013, at which time the inventory totaled $220,000. sales from january 30 to april 20 were $600,000 and purchases during that time were $450,000. harrison's consistently reports a 30% gross profit. the estimated inventory loss is: a. $490,000. b. $238,000. c. $250,000. d. none of these

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Harrison's supply co. suffered a fire loss on april 20, 2013. the company's last physical inventory...