A business had inventory on hand at the beginning of a period worth $1,000. Dur...
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A business had inventory on hand at the beginning of a period worth $1,000.
During the period, purchases of inventory totalled $2,800, and sales (at cost price) totalled $1,500.
A physical stocktake revealed inventory worth $2,200 on hand.
The period's inventory loss or gain would be:
0%
0%
0%
0%
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