Question
A company had the following information for 20XX Nel Sales Revenue Cost of Goods Sold Beginning Merchandise Inventory Purchases Cost of Goods Available for Sale
A company had the following information for 20XX
Nel Sales Revenue
Cost of Goods Sold
Beginning Merchandise Inventory
Purchases
Cost of Goods Available for Sale
Less: Ending Merchandise Inventory
COGS
Gross Profit
S
20,000
75,000
95.000
10.000
Question 10 of 11
This tast. 11 point(s) pot
This question: 1 point
140,000
85,000
55,000
The company determined that ending merchandise inventory was overstated by $3,000 in 20XX
Calculate the correct gross profit for 20XX
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Data Communications Network Auditing How To Save Hundreds Of Thousands Of Dollars And Still Improve Network Response Time Network Performance And Network Availability
Authors: Bruce Griffis
1st Edition
0936648937, 978-0936648934
