Question: Can you help me solve this general accounting problem with the correct methodology? Wesley Retailers started the year with inventory of $45,000. - Purchases during

Can you help me solve this general accounting problem with the correct methodology?

Can you help me solve this general accounting
Wesley Retailers started the year with inventory of $45,000. - Purchases during the year: $510,000 - Ending inventory: $55,000 - Total Sales: $720,000 1. What is Wesley's cost of goods sold (COGS)? 2. What is Wesley's gross margin

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