Question
Scada Co's beginning inventory for the year was $52,500, purchases during the year were $135,750, and ending inventory for the year was $175,000. What is
Scada Co's beginning inventory for the year was $52,500, purchases during the year were $135,750, and ending inventory for the year was $175,000. What is Scada's cost of goods sold for the year?
a. $91,750
b. $13,250
c. $17,500
d. $52,500
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Financial Statement Analysis
Authors: K. R. Subramanyam, John Wild
11th edition
78110963, 978-0078110962
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