Victory Stables Ltd. for the year ended December 31, 2020, are as follows:
$\begin{array} { l r }
\text { Sales revenue } & \$ 550,000 \
\text { Cost of goods sold } & 110,000 \
\text { Beginning inventory } & 80,000 \
\text { Ending inventory } & 60,000
\end{array}$

Question

Victory Stables Ltd. for the year ended December 31, 2020, are as follows:
$\begin{array} { l r } 
\text { Sales revenue } & \$ 550,000 \
\text { Cost of goods sold } & 110,000 \
\text { Beginning inventory } & 80,000 \
\text { Ending inventory } & 60,000
\end{array}$

Quizplus · Accepted Answer

The Answer of Victory Stables Ltd. for the year ended December 31, 2020, are as follows:
$\begin{array} { l r } 
\text { Sales revenue } & \$ 550,000 \
\text { Cost of goods sold } & 110,000 \
\text { Beginning inventory } & 80,000 \
\text { Ending inventory } & 60,000
\end{array}$

Victory Stables Ltd A) 157 B) 0

Victory Stables Ltd A) 157
B) 0