business math

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Estimate the cost of ending inventory for August for Roman's Jewelry Store using the retail method on the following data:
Cost Retail
Beginning inventory for August $180,000 $288,000
Purchases during August $70,000 $112,000
Net sales during August $80,000

(Points: 5)
$50,000
$156,250
$200,000
$128,000

  • business math -

    8. At the beginning of each year, Bill Ross invests $1,400 semiannually at 8% for nine years. Using the
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