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Explain the relationship of inventory and cost of goods sold by selecting the correct formula below. Beginning inventory + Ending inventory = Cost of goods
Explain the relationship of inventory and cost of goods sold by selecting the correct formula below. Beginning inventory Ending inventory Cost of goods sold. Beginning inventory Net purchases Ending inventory Cost of goods sold. Beginning inventory Cost of goods sold Ending inventory. Beginning inventory Net purchases Cost of goods sold. 
Explain the relationship of inventory and cost of goods sold by selecting the correct formula below.
Beginning inventory Ending inventory Cost of goods sold.
Beginning inventory Net purchases Ending inventory Cost of goods sold.
Beginning inventory Cost of goods sold Ending inventory.
Beginning inventory Net purchases Cost of goods sold.
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