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Following are several items from Arbor Companys financial statements. Use this information to calculate the amounts for the questions that follow. Cost of goods sold
Following are several items from Arbor Companys financial statements. Use this information to calculate the amounts for the questions that follow.
Cost of goods sold $2,400
Sales revenue 8,600
Operating expenses 500
Income taxes 600
Dividends 400
Accounts receivable 800.
How much is inventory expense?
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