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Orbit,IncHas Sales of $28,000,beginning Inventory of $3,500,purchases of $17,500,and Ending

Question 92

Multiple Choice

Orbit,Inc.has sales of $28,000,beginning inventory of $3,500,purchases of $17,500,and ending inventory of $4,900.The cost of goods sold is:

A) $16,100.
B) $21,000.
C) $28,000.
D) $11,900.

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