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In a periodic inventory system, cost of goods sold is computed as follows: a. Cost of goods available for sale - Net purchases O

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In a periodic inventory system, cost of goods sold is computed as follows: a. Cost of goods available for sale - Net purchases O b. Beginning inventory - Net purchases + Ending inventory O c. Beginning inventory - Cost of goods available for sale + Ending inventory O d. Beginning inventory + Net purchases - Ending inventory Clear my choice

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