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Business, 31.12.2019 20:31 silverns

Wall -to- wall records' april 1 inventory had a cost of $48,000 and a retail value of $70,000. during april, net purchases cost $210,000 with a retail value of $390,000. net sales at retail for wall-to-wall records for april were $280,000. calculate the cost of ending inventory using the retail inventory method. (round to the nearest hundredth percent.)

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Wall -to- wall records' april 1 inventory had a cost of $48,000 and a retail value of $70,000. durin...
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