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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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Posts: 3810
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8 years ago
Page's sells books. The following information summarizes the company's operating expenses for the year:

Purchases    $105,000
Operating expenses    $53,000
Beginning merchandise inventory     $14,000
Ending merchandise inventory    $11,000
Sales revenue     $170,000

What is cost of goods available for sale?
A) $119,000
B) $108,000
C) $116,000
D) $65,000
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Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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#3
4 years ago
Thank you, this really helped
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