Question
9.)There is an inverse relationship between Ending Inventory and Cost of Goods Sold. The higher the Ending Inventory the ___________________. A.higher B.lower C.no relationship between
9.)There is an inverse relationship between Ending Inventory and Cost of Goods Sold. The higher the Ending Inventory the ___________________.
A.higher
B.lower
C.no relationship between the two
D.the two are always equal
E. none of the above
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
4th Edition
0471072419, 978-0471072416
