Question
Company Name Beginning Inventory ($) Purchases ($) Ending Inventory ($) McDonald's $3,000,000 $5,000,000 $2,500,000 Calculate the cost of goods sold for McDonald's for the reporting
Company Name | Beginning Inventory ($) | Purchases ($) | Ending Inventory ($) |
McDonald's | $3,000,000 | $5,000,000 | $2,500,000 |
Calculate the cost of goods sold for McDonald's for the reporting period.
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Introduction to Financial Accounting
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
11th edition
978-0133251111, 013325111X, 0133251039, 978-0133251036
