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On June 19,2014,a Fire Destroyed the Entire Uninsured Merchandise Inventory

Question 22

Multiple Choice

On June 19,2014,a fire destroyed the entire uninsured merchandise inventory of the Shelf Merchandising Company.The following data are available: On June 19,2014,a fire destroyed the entire uninsured merchandise inventory of the Shelf Merchandising Company.The following data are available:   What is the approximate inventory loss as a result of the fire? A)  $19,200 B)  $27,200 C)  $34,000 D)  $58,000 What is the approximate inventory loss as a result of the fire?


A) $19,200
B) $27,200
C) $34,000
D) $58,000

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