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the rob wallace corporation has a sales budget for next month of $400,000. cost of...

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Accounting

the rob wallace corporation has a sales budget for next month of $400,000. cost of goods sold is expected to be $250,000. all goods are paid for in the month following their purchase. the beginning inventory of merchandise is $16,000, and an ending inventory of $12,000 is desired. beginning accounts payable is $52,000. how much merchandise inventory will the rob wallace corporation need to purchase next month?

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