Question: please help I'm stuck after trying so many times but my answer is still incorrect. Question 24 of 25 -14 View Policies Current Attempt in
Question 24 of 25 -14 View Policies Current Attempt in Progress You are called by Tim Duncan of Pronghom Co. on July 16 and asked to prepare a claim for insurance as a result of a theft that took place the night before. You suggest that an inventory be taken immediately. The following data are available, Inventory, July 1 $36,600 Purchases--goods placed in stock July 1-15 81.300 Sales revenue-goods delivered to customers (gross) 119.400 Sales returns-goods returned to stock 3,600 Your client reports that the goods on hand on July 16 cost $31,300, but you determine that this figure includes goods of $6,300 received on a consignment basis. Your past records show that sales are made at approximately 30% over cost. Duncan's Insurance covers only goods owned. Compute the claim against the insurance company. (Round gross profit percentage to 2 decimal places, eg 78.73% and final answer too decimal ploons, e.g. 28,987.) Claim against the insurance company $ e Textbook and Media Save for Later Attempts unlimited Submit Answe
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