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From the Following Details of a Merchandiser, Calculate the Cost

question 102

Multiple Choice

From the following details of a merchandiser, calculate the Cost of Goods Sold. (Assume the merchandiser uses the periodic inventory system.) From the following details of a merchandiser, calculate the Cost of Goods Sold. (Assume the merchandiser uses the periodic inventory system.)    A) $116,540 B) $81,460 C) $114,950 D) $53,540


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