MULTIPLE CHOICE QUESTIONS
a. cost of goods sold by the ending inventory. b. cost of goods sold by the beginning inventory. c. cost of goods sold by the average inventory. d. average inventory by cost of goods sold. 88. A company has an average inventory on hand of $40,000 and the average days to sell inventory is 73 days. What is the cost of goods sold? a. $200,000. b ... ................
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