Rashmi has her own online stationery business, creating greeting cards, thank-you cards, and invitations. When she makes several
1 answer:
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1)The estimated ending inventory is $48,236
2)The estimated ending inventory is $72,000
Explanation:
1)For the given values the beginning inventory,net purchases, freight-in, cost of goods available for sale , cost of goods sold, net sales, less estimated gross profit, estimated inventory before theft, stolen inventory and estimated ending inventory are calculated in the given system.
The estimated ending inventory is $48,236
2)
For the given values the beginning inventory,net purchases, freight-in, cost of goods available for sale , cost of goods sold, net sales, less estimated gross profit, estimated inventory before theft, stolen inventory and estimated ending inventory are calculated in the given system.
The estimated ending inventory is $72,000
