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FAD Company Uses a Periodic Inventory System and Its Inventory

Question 15

Multiple Choice

FAD Company uses a periodic inventory system and its inventory records for the period contain the following information:
FAD Company uses a periodic inventory system and its inventory records for the period contain the following information: -Use the information above to answer the following question.What is the amount of cost of goods available for sale? A) $11,250 B) $17,500 C) $5,000 D) $13,750
-Use the information above to answer the following question.What is the amount of cost of goods available for sale?


A) $11,250
B) $17,500
C) $5,000
D) $13,750

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