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Business, 12.12.2019 01:31 alysa03

Bramble corporation’s april 30 inventory was destroyed by fire. january 1 inventory was $157,900, and purchases for january through april totaled $540,200. sales revenue for the same period was $697,900. bramble’s normal gross profit percentage is 30% on sales.
using the gross profit method, estimate bramble’s april 30 inventory that was destroyed by fire.

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