Multiple Choice
Carp Corporation has provided the following information for its most recent month of operation:
Sales $16,000; ending inventory $4,000,purchases $8,000 and gross profit $10,000.How much was Carp's beginning inventory?
A) $2,000
B) $18,000
C) $6,000
D) $12,000
Correct Answer:
Verified
Correct Answer:
Verified
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