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4. Merchandising Operations
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Problem 1
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Problem 14
4. Merchandising Operations
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4. Merchandising Operations / Cost of Goods Sold - Perpetual Inventory vs. Periodic Inventory / Problem 3
Problem 3
If a company has a beginning inventory of \$8,000, purchases of \$4,000, and an ending inventory of \$2,000, what is the cost of goods sold?
A
\$6,000
B
\$14,000
C
\$12,000
D
\$10,000
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