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Problem

Nestlé reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). Nestlé purchased 13,860 (in millions of Swiss francs) of raw materials during the year.

What is the amount of raw materials it used during the year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92766985

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