1.1.rule?
A) The Ending Inventory balance will be $100,000, and Cost of Goods Sold will be $60,000.
B) The Ending Inventory balance will be $87,500, and Cost of Goods Sold will be $60,000.
C) The Ending Inventory balance will be $87,500, and Cost of Goods Sold will be $72,500.
D) The Ending Inventory balance will be $100,000, and Cost of Goods Sold will be $72,500.
Correct Answer:
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