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In 20B,Landings Inc

Question 15

Multiple Choice

In 20B,Landings Inc.provided the following items in their footnotes.Its cost of goods available for sale was $6.2 billion under FIFO costing and its ending inventory value under FIFO costing was $2.1 billion.Its opening inventory was $2.5 billion.What was itspurchases?


A) $3.7 billion
B) $4.1 billion
C) $4.6 billion
D) $8.3 billion

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