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What was trend inc december balance

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Question - The following data were obtained from the records of trend, Inc.: current ratio (at year end) 1.5 inventory turnover based on sales and ending inventory 15 times inventory turnover based on cost of goods sold and ending inventory 10.5 times gross margin for 2020 p 315,000. what was trend, Inc.'s December 31, 2020 balance in the inventory account?

Reference no: EM132910075

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