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Calculate the ending inventory

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Reference no: EM133102671

Question - The following data are for Ivory Inc.:

Cost of goods sold for the year $5,322,500

Beginning inventory $435,000

Days' sales in inventory 28 days

Required - Calculate the ending inventory.

a. $408,301

b. $528,366

c. $469,638

d. $381,602

Reference no: EM133102671

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