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A physical inventory taken on December 31, 2010, resulted in an ending inventory of $700,000. Keens gross profit on sales has remained constant...

A physical inventory taken on December 31, 2010, resulted in an ending inventory of $700,000. Keen"s gross profit on sales has remained constant at 25% in recent years. Keen suspects some inventory may have been taken by a new employee. At December 31, 2010, what is the estimated cost of missing inventory? A. $50,000. B. $150,000. C. $200,000. D. $250,000.

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