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Business, 14.04.2020 21:34 Liantic8738

Cost of goods sold is computed from the following equation:

A. beginning inventory + cost of goods purchased – ending inventory.
B. beginning inventory – cost of goods purchased + ending inventory.
C. sales + gross profit – ending inventory + beginning inventory.
D. sales – cost of goods purchased + beginning inventory – ending inventory.

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Cost of goods sold is computed from the following equation:

A. beginning inventory + co...
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