Multiple Choice
Carp Corporation has provided the following information for its most recent month of operation: sales $16,000;ending inventory $4,000,purchases $8,000 and gross profit $10,000.How much was Carp's beginning inventory?
A) $2,000.
B) $18,000.
C) $6,000.
D) $12,000.
Correct Answer:
Verified
Correct Answer:
Verified
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