Question
The ABC firms pro forma inventory balance at the end of October 2021 is $5,000. In November 2021, ABC anticipates having $6,000 in cost of
The ABC firms pro forma inventory balance at the end of October 2021 is $5,000. In November 2021, ABC anticipates having $6,000 in cost of goods sold while producing $5,000. In December 2021, ABC anticipates having $6,000 in cost of goods sold while producing $7,000. ABCs pro forma inventory balance at the end of December 2021 is:
| a. | $4,000 | |
| b. | $5,000 | |
| c. | $6,000 | |
| d. | $7,000 |
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Fundamentals Of Financial Planning
Authors: Michael A Dalton, Joseph Gillice
3rd Edition
1936602091, 9781936602094
