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MacGyver Manufacturing started the year with $175,000 in inventory. During the year, the company purchased $100,000 in inventory while selling $135,000 of goods for
MacGyver Manufacturing started the year with $175,000 in inventory. During the year, the company purchased $100,000 in inventory while selling $135,000 of goods for $250,000. What would the company's inventory balance be as of the end of the year? A. $25000 B. $275000 C. $350000 D. $140000
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Financial Accounting The Impact On Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
10th Edition
1305793196, 978-1305793194
