Trekking Company reported the following data:
$$\begin{array} { | l | r | r | r | }
\hline & \text { Year 1 } & \text { Year 2 } & \text { Year 3 } \
\hline \text { Cost of goods sold } & \$ 347,600 & \$ 379,650 & \$ 443,900 \
\hline \text { Average irvertory } & \$ 85,000 & \$ 91,050 & \$ 98,350 \
\hline
\end{array}$$

Question

Trekking Company reported the following data:
 $$\begin{array} { | l | r | r | r | } 
\hline & \text { Year 1 } & \text { Year 2 } & \text { Year 3 } \
\hline \text { Cost of goods sold } & \$ 347,600 & \$ 379,650 & \$ 443,900 \
\hline \text { Average irvertory } & \$ 85,000 & \$ 91,050 & \$ 98,350 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Trekking Company reported the following data:
 $$\begin{array} { | l | r | r | r | } 
\hline & \text { Year 1 } & \text { Year 2 } & \text { Year 3 } \
\hline \text { Cost of goods sold } & \$ 347,600 & \$ 379,650 & \$ 443,900 \
\hline \text { Average irvertory } & \$ 85,000 & \$ 91,050 & \$ 98,350 \
\hline
\end{array}$$

Trekking Company Reported the Following Data