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A company's beginning inventory was valued at $15,000. During the year, it made purchases worth $40,000 and ended with inventory valued at $20,000. What is the Cost of Goods Sold ( COGS)? a) $35,000 b) $55,000 c) $60,000 d) $75,000 @@@ This question already posted and got correct answer. dont answer this question, i will give 10 dislikes,. do not copy from chatgpt or any ai @@@

A company's beginning inventory was valued at $15,000. During the year, it made purchases worth $40,000 and ended with inventory valued at $20,000. What is the Cost of Goods Sold ( COGS)? a) $35,000 b) $55,000 c) $60,000 d) $75,000 @@@ This question already posted and got correct answer. dont answer this question, i will give 10 dislikes,. do not copy from chatgpt or any ai @@@

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company's beginning inventory was valued at $15,000. During the year, it made purchases worth $40,000 and ended with inventory valued at $20,000. What is the Cost of Goods Sold ( COGS)? a) $35,000 b) $55,000 c) $60,000 d) $75,000 @@@ This question already posted and got correct answer. dont answer this question, i will give 10 dislikes,. do not copy from chatgpt or any ai @@@
Transcribed Image Text:A company's beginning inventory was valued at $15,000. During the year, it made purchases worth $40,000 and ended with inventory valued at $20,000. What is the Cost of Goods Sold ( COGS)? a) $35,000 b) $55,000 c) $60,000 d) $75,000 @@@ This question already posted and got correct answer. dont answer this question, i will give 10 dislikes,. do not copy from chatgpt or any ai @@@
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