Multiple Choice
Nottingham Inc.'s net sales and gross profit were $1,341,000 and $471,000 respectively.Assuming the cost of goods available were $1,084,000, what was the cost value of the ending inventory?
A) $870,000
B) $471,000
C) $247,000
D) $214,000
Correct Answer:
Verified
Correct Answer:
Verified
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