A company reports its 20X2 cost of goods sold at $20.0 billion. Its ending inventory for 20X2 is $1.8 billion and for 20X1, ending inventory was $1.5 billion. How much inventory did the company purchase during 20X2?
A) $18.5 billion
B) $19.7 billion
C) $20.3 billion
D) $21.8 billion
Correct Answer:
Verified
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