Question 13 5 pts Beginning inventory plus net purchases is: Sales. Purchases. Cost of goods sold....

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Answer 1

Answer #1


	Beginning inventory plus net purchase is = Cost of goods available for sale or Merchandise available for sale
	Answer is Merchandise available for sale

	Gross Profit is = Sales - Cost of goods sold = (350000-200000) = $ 150,000/.
	False

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Answer 2

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Question 13 5 pts Beginning inventory plus net purchases is: Sales. Purchases. Cost of goods sold....

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Question 13 5 pts Beginning inventory plus net purchases is: Sales. Purchases. Cost of goods sold....

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