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Mathematics, 20.11.2020 20:50 JeroMii

You own a shoe store with a merchandise book value of $178,000. You conduct a physical inventory and find the value to be $169,000. Your total sales between inventories totaled $476,000. Calculate the shrinkage as a percentage of sales.
a) 1.9%
b) 2.1%
c) 4.8%
d) 7.9%

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