Multiple Choice
Using the following letters to represent items:
P = Purchases (net)
C = Cost of goods sold
B = Beginning inventory
E = Ending inventory
Which equation is correct?
A) B - C + P = E
B) B - E = C + P
C) P - E = B + C
D) B = C - E + P
Correct Answer:
Verified
Correct Answer:
Verified
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