A company's beginning inventory is $20,000, purchases for a period are $240,000, and ending inventory is $30,000. How much is cost of goods sold?

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Business Finance

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A company's beginning inventory is $20,000, purchases for a period are $240,000, and ending inventory is $30,000. How much is cost of goods sold?


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Explanation & Answer

The cost of the goods is $230,000 ...


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