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Compute the Missing Inventory Values The following information was disclosed in the 2015 annual report of The Arcadia Company.
Fill in the missing values.
2015 | 2014 | 2013 | |
---|---|---|---|
Beginning inventory | Answer
| Answer
| $11,560 |
Purchase of inventory | 45,850 | Answer
| 42,640 |
Inventory available for sale | Answer
| Answer
| 54,200 |
Ending inventory | Answer
| 9,655 | Answer
|
Cost of goods sold | 13,600 | 42,480 | 43,715 |
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