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You own a retail store. Your ending inventory plus your cost of goods sold equals your beginning inventory plus Opurchases sales revenue Ovariable expenses fixed
You own a retail store. Your ending inventory plus your cost of goods sold equals your beginning inventory plus Opurchases sales revenue Ovariable expenses fixed expenses You work for a manufacturing business. Typically your inventories consist of Ocogs, cogm and finished goods raw materials, finished goods, cogs Oraw materials, work in process, and finished goods O finished goods
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