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Business, 30.05.2020 15:58 juansebas35

Landis Company is preparing its financial statements. Gross margin is normally 40% of sales. Information taken from the company's records revealed sales of $25,000; beginning inventory of $2,500 and purchases of $17,500. What is the estimated amount of ending inventory at the end of the period

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Landis Company is preparing its financial statements. Gross margin is normally 40% of sales. Informa...

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