Marketing MCQ Marketing Chapter 17 Calculate cost of goods sold if you have a beginning inventory balance of $20,000, an ending inventory balance of $10,000, and $5,000 in net purchases.

Calculate cost of goods sold if you have a beginning inventory balance of $20,000, an ending inventory balance of $10,000, and $5,000 in net purchases.

Marketing Chapter 17

Calculate cost of goods sold if you have a beginning inventory balance of $20,000, an ending inventory balance of $10,000, and $5,000 in net purchases.

A. $35,000

B. $10,000

C. $25,000

D. $5,000

E. $15,000

Answer: E. $15,000

Marketing MCQ

Calculate cost of goods sold if you have a beginning inventory balance of​ $20,000, an ending inventory balance of​ $10,000, and​ $5,000 in net purchases.

Calculate cost of goods sold if you have a beginning inventory balance of​ $20,000, an ending inventory balance of​ $10,000, and​ $5,000 in net purchases.

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Calculate cost of goods sold if you have a beginning inventory balance of $20,000, an ending inventory balance of $10,000, and $5,000 in net purchases.

Calculate cost of goods sold if you have a beginning inventory balance of $20,000, an ending inventory balance of $10,000, and $5,000 in net purchases.