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    Horngrens Accounting Study Set 2
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    Exam 5: Merchandising Operations and the Accounting Cycle
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    Cost of Goods Sold Plus Ending Inventory Equals
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Cost of Goods Sold Plus Ending Inventory Equals

Question 81

Question 81

Multiple Choice

Cost of goods sold plus ending inventory equals:


A) net purchases.
B) cost of goods available for sale.
C) gross margin.
D) gross profit.

Correct Answer:

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