if-a-company-has-a-beginning-inventory-of-10000-purchases-of-15000-and-an-ending

Question

If a company has a beginning inventory of $10,000, purchases of $15,000, and an ending inventory of $8,000, what is the cost of goods sold?

Accepted Answer

$17,000

Answer

$18,000

Answer

$15,000

Answer

$13,000

If a company has a beginning inventory of \$10,000, purchases of \$15,000, and an ending inventory of \$8,000, what is the cost of goods sold?