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What is the company estimated inventory at the end

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Reference no: EM133077884

Question - Quick Calculator Company has the following information on record for February:

Beginning Inventory as of February 1: $35,000

Net Purchases: $17,000 Estimated Cost of Goods Sold: $28,400

If Quick Calculator Company uses the gross profit method, what is the company's estimated inventory at the end of January?

Reference no: EM133077884

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