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Problem 5 Ramsey, Inc., a retail store chain, had the following information in its general...

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Problem 5 Ramsey, Inc., a retail store chain, had the following information in its general ledger for the year 2018 Merchandise purchased for resale $500,170 Interest on notes payable to vendors 4,785 Purchase returns 9,075 Freight-in 12,100 Freight-out 9,405 What is Ramsey's inventoriable cost for 2018

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