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Bijoux Company Has Sales of $40,000,beginning Inventory of $5,000,purchases of $25,000,and

Question 98

Multiple Choice

Bijoux Company has sales of $40,000,beginning inventory of $5,000,purchases of $25,000,and ending inventory of $7,000.The cost of goods sold is:

A) $23,000
B) $30,000
C) $40,000
D) $17,000

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