A company uses the periodic inventory method. Which of the following will result in an increase in inventory?
A) Cost of goods sold exceeds cost of goods available for sale.
B) Net purchases are less than cost of goods available for sale.
C) Net purchases exceed the cost of goods sold.
D) It is impossible to determine with this information.

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The Answer of A company uses the periodic inventory method. Which of the following will result in an increase in inventory?
A) Cost of goods sold exceeds cost of goods available for sale.
B) Net purchases are less than cost of goods available for sale.
C) Net purchases exceed the cost of goods sold.
D) It is impossible to determine with this information.

A Company Uses the Periodic Inventory Method