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The following relates to Data Original Company in 2014. What is the company's ending inventory for 2014? Purchases $540,000 Beginning Inventory 80,000 Purchases returned by
The following relates to Data Original Company in 2014. What is the company's ending inventory for 2014?
Purchases | $540,000 |
Beginning Inventory | 80,000 |
Purchases returned by Data Original to its suppliers in 2014 | 10,000 |
Sales | 800,000 |
Cost of goods sold | 490,000 |
Select one:
A. $120,000
B. $140,000
C. $210,000
D. $260,000
E. none of the above
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