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just olya [345]
3 years ago
14

ABC has beginning inventory for the year of $12,000. During the year, ABC purchases inventory for $150,000 and ends the year wit

h $20,000 of inventory. ABC will report cost of goods sold equal to:
Business
1 answer:
Tanya [424]3 years ago
6 0

Explanation:

The Answer equal 142000

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Answer:

(9,594)

Explanation:

The net cash movement during a period the sum of cashflow from operations (CFO), cashflow from investing activities (CFI) and cashflow from financing (CFF) activities. On the other hand, that net cash movement is also calculated as the difference between end of year cash position and start of year cash position. Given that, we have the equation as below:

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