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Question 2 2 pts What is the correct formula for Cost of Goods Available for Sale? Beginning Inventory + Cost of Goods Purchased Beginning Inventory
Question 2 2 pts What is the correct formula for Cost of Goods Available for Sale? Beginning Inventory + Cost of Goods Purchased Beginning Inventory - Cost of Goods Purchased Ending Inventory + Cost of Goods Purchased Ending Inventory - Cost of Goods Purchased Question 3 2 pts What happens if a buyer incurs $200 in freight charges? There is a cash flow decrease of $200 in assets There is a cash flow increase of $200 in assets There is a cash flow decrease of $200 in liabilities There is a cash flow increase of $200 in liabilities
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