Multiple Choice
Retail Company reported the following amounts on its 20B income statement: Purchases, $45,000; Beginning 20B inventory, $15,000; and Cost of goods sold, $50,000. What was the 20B ending inventory?
A) $27,000
B) $10,000
C) $25,000
D) $26,000
Correct Answer:
Verified
Correct Answer:
Verified
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