A company starts the period with 100 computers in inventory,purchases 30 more,returns 4 of them to suppliers,and has 83 in inventory at the end of the period.If there is no shrinkage,how many computers were sold?

Question

Quizplus · Accepted Answer

To find out how many computers were sold, we need to calculate the change in inventory from the beginning to the end of the period.

Beginning inventory = 100
Purchases = +30
Returns = -4
Ending inventory = 83

So, the change in inventory is:

100 + 30 - 4 - 83 = 43

Therefore, 43 computers were sold. Option B is the correct answer.

A Company Starts the Period with 100 Computers in Inventory,purchases