Question: Please, I couldnt answer these questions help me please value 1.42 points E6-4 Inferring Shrinkage Using a Perpetual Inventory System [LO 6-2] In 2013, Macy's

Please, I couldnt answer these questions help me please

points E6-4 Inferring Shrinkage Using a Perpetual Inventory System [LO 6-2] In

2013, Macy's reported cost of goods sold of $15.8 bilion, ending inventory

for 2013 of $6.7 billion, and ending inventory for the previous year

(2012) of $6.2 billion. Required: If the cost of inventory purchases was

$16.7 billion, what was the cost of shrinkage during 2013? (Enter your

answer in billions rounded to 1 decimal place.) Cost of Shrinkage billion

Hints References eBook & Resources Hint#1 Check my work

value 1.42 points E6-4 Inferring Shrinkage Using a Perpetual Inventory System [LO 6-2] In 2013, Macy's reported cost of goods sold of $15.8 bilion, ending inventory for 2013 of $6.7 billion, and ending inventory for the previous year (2012) of $6.2 billion. Required: If the cost of inventory purchases was $16.7 billion, what was the cost of shrinkage during 2013? (Enter your answer in billions rounded to 1 decimal place.) Cost of Shrinkage billion Hints References eBook & Resources Hint#1 Check my work

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