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Business, 24.10.2019 04:00 kanajahbunn

Garnett co. shipped inventory on consignment to hart co. that originally cost $50,000. hart paid $1,200 for advertising that was reimbursable from garnett. at the end of the year, 40% of the inventory was sold for $32,000. the agreement stated that a commission of 10% will be provided to hart for all sales. what amount should garnett report as net income for the year?

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Garnett co. shipped inventory on consignment to hart co. that originally cost $50,000. hart paid $1,...
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