Multiple Choice
Blackstone Company uses a periodic inventory system. It had beginning inventory of $100 000, purchases of $1 300 000, and ending inventory of $125 000. What was Blackstone's cost of goods sold?
A) $1 300 000
B) $1 325 000
C) $1 275 000
D) $1 525 000
Correct Answer:
Verified
Correct Answer:
Verified
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