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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
Mayflower, Inc. provided the following for 2017:

Cost of Goods Sold (Cost of sales)   $1,100,000
Beginning Merchandise Inventory   300,000
Ending Merchandise Inventory   630,000

Calculate the average merchandise inventory held by Thomas, Inc. during the year.
A) $465,000
B) $630,000
C) $930,000
D) $300,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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#3
4 years ago
nice
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#4
3 years ago
THANKS A LOT!
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