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Calculate the cost of goods sold

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Question - The management accountant of Windhoek Consulting Engineers (WCE) has provided us with the following information: WCE has N$74 million of accounts receivable, N$60 million of inventory, and N$128 million of accounts payable. Its average daily sales are N$1 910 000 and its gross profit margin is 30%. Calculate the Cost of Goods Sold?

Reference no: EM133055530

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