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Author Question: Selected information regarding a company's most recent quarter follows (all data in ... (Read 52 times)

clmills979

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Selected information regarding a company's most recent quarter follows (all data in thousands).

Operating expenses$700
Gross profit$2,390
Sales revenue$4,000
Ending finished goods inventory$200
Cost of goods manufactured$1,560

What was the beginning finished goods inventory?
◦ $1,060
◦ $250
◦ $860
◦ $1,740


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Marked as best answer by clmills979 on Jan 4, 2020

yotaSR5

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clmills979

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Reply 2 on: Jan 4, 2020
YES! Correct, THANKS for helping me on my review


skipfourms123

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Reply 3 on: Yesterday
Excellent

 

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