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Author Question: Desired ending inventory is 25% more than beginning inventory. If purchases total $160,000, which of ... (Read 110 times)

D2AR0N

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on: Jan 4, 2020
Desired ending inventory is 25% more than beginning inventory. If purchases total $160,000, which of the following statements is TRUE regarding cost of goods sold (COGS)?
◦ COGS will exceed purchases.
◦ COGS will exceed cost of goods available for sale.
◦ COGS will be less than purchases.
◦ COGS will equal $55,000.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by D2AR0N on Jan 4, 2020

morganmarie791

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Reply #1 on: Jan 4, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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D2AR0N

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Reply 2 on: Jan 4, 2020
Great answer, keep it coming :)

emsimon14

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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