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Analyze the cost of goods sold (COGS) for Company S using the following data: Beginning Inventory: $50,000 Purchases: $200,000 Ending Inventory: $40,000 Calculate the cost

Analyze the cost of goods sold (COGS) for Company S using the following data:

  • Beginning Inventory: $50,000
  • Purchases: $200,000
  • Ending Inventory: $40,000

    Calculate the cost of goods sold (COGS) for Company S.

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