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Assume that gross profit averages 35% for BITCO. If net sales are $1,500,000, beginning inventory...

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Accounting

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Assume that gross profit averages 35% for BITCO. If net sales are $1,500,000, beginning inventory is $200,000, and purchases are $1,000,000 What is BITCO'S estimated ending inventory? O $275.000 $250.000 $200,000 $175,000 $225,000

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