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MMLU-Pro / 89 / TheAlforsCompany had a beginning inventory of …

Problem

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question

TheAlforsCompany had a beginning inventory of

30,000, Jan 1, 1974. During the year, purchases amounted to

87,500, net sales to $102,000. Assuming that the gross profit rate is 40% of the net sales, what is the ending inventory using the gross profit method of inventory evaluation?

Plain-text mathematical notation (without MathML)

TheAlforsCompany had a beginning inventory of 30,000,Jan1,1974.Duringtheyear,purchasesamountedto87,500, net sales to $102,000. Assuming that the gross profit rate is 40% of the net sales, what is the ending inventory using the gross profit method of inventory evaluation?

Original LaTeX notation

TheAlforsCompany had a beginning inventory of $30,000, Jan 1, 1974. During the year, purchases amounted to $87,500, net sales to $102,000. Assuming that the gross profit rate is 40% of the net sales, what is the ending inventory using the gross profit method of inventory evaluation?

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stemez-Business

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upstream_id / Original problem ID: 89
task_id: 78102f24-8e24-52eb-9a15-ac20f6d47b70
task_key: default--test--89
task_revision_id: 1
config / split: default / test

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