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Question 15 Tuity Fruity Beverage Company's operating activities for the year are listed below. Purchases: $140,600 Beginning inventory: $12,800 Ending inventory: $18,000 Sales revenue: $300,100
Question 15 Tuity Fruity Beverage Company's operating activities for the year are listed below. Purchases: $140,600 Beginning inventory: $12,800 Ending inventory: $18,000 Sales revenue: $300,100 Using the inventory flow formula, what is the cost of goods sold for the year? $135,400 $153,400 $140,600 $80,400 D Question 16
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