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Compute and calculate gross profit

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Reference no: EM132654740

Problem 1: Calculate gross profit if sales are $90,000, inventory at beginning is $5,600, purchases of inventory are $30,500 and inventory at end is $4,900.

a) $41,000
b) $31,200.
c) $58,800
d) $59,500.

Reference no: EM132654740

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