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Lagasse Corporations computation of cost of goods sold is: Beginning Inventory $160,000 Add: Cost of goods purchased 605,000 Cost of goods available for sale 765,000
Lagasse Corporations computation of cost of goods sold is: Beginning Inventory $160,000 Add: Cost of goods purchased 605,000 Cost of goods available for sale 765,000 Ending inventory 180,000 Cost of goods sold $585,000 The average days to sell inventory for Lagasse are
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