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A Company Reports Its 20B Cost of Goods Sold at $20.0

Question 23

Multiple Choice

A company reports its 20B cost of goods sold at $20.0 billion. Its ending inventory for 20B is $1.8 billion and for 20A, ending inventory was $1.5 billion. How much inventory did the company purchase during 20B?


A) $20.3 billion
B) $19.7 billion
C) $21.8 billion
D) $18.5 billion

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