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  • 21-09-2022
  • Business
contestada

Picto-Terium Company had the following information at December 31:
Finished goods inventory, January 1
Finished goods inventory, December 31
$ 90,000
126,000
If the gross profit for the year amounted to $1,135,000 and annual sales were $2,994,000, how much
is the cost of goods sold?

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