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The following data were taken from the income statements of Mydorf Company. 2017 2016 Sales revenue $6,420,000 $6,240,000 Beginning inventory 960,000 840,000 Purchases 4,840,000 4,661,000
The following data were taken from the income statements of Mydorf Company.
2017 | 2016 | |||
Sales revenue | $6,420,000 | $6,240,000 | ||
Beginning inventory | 960,000 | 840,000 | ||
Purchases | 4,840,000 | 4,661,000 | ||
Ending inventory | 1,020,000 | 960,000 |
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