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New Energy Incorporated has a beginning inventory balance on January 1 of 19,000 units and...

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Accounting

New Energy Incorporated has a beginning inventory balance on January 1 of 19,000 units and desires an ending balance of 20% of the next months sales. If sales are expected to be 22,000 for January and 29,000 for February, what is the ending balance as of January 31? Multiple Choice 4,800 units 5,800 units 5,400 units 7,400 units

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