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Barney Google Industries Has a Beginning Inventory of 50 Units

Question 16

Multiple Choice

Barney Google Industries has a Beginning inventory of 50 units, Net purchases of 450 units and Sales of 350 units. What is the dollar amount of the Ending inventory, if each unit costs $10?


A) $4,500
B) $3,500
C) $2,500
D) $1,500

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