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Rizzo Shoes has provided the following information for the last moth of operations: Total Sales:...

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Accounting

Rizzo Shoes has provided the following information for the last moth of operations: Total Sales: $ 32'000, Beginning Inventory: $ 8 000, Inventory Purchases: $ 16 000, Gross Profit: $ 20 000, What is Rizzo Shoes' ending inventory?

a.$ 8000

b.$ 4'000

c.$ 6000

d. $ 12000

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