Super Tread Inc.is a large manufacturer of auto tires.Super Tread has provided the following information: $$\begin{array} { | l | r | }
\hline \text { Sales Revenue } & \$ 55,000 \
\hline \text { Beginning Finished Goods Inventory } & 15,500 \
\hline \text { Cost of Goods Sold } & 37,500 \
\hline \text { Cost of Goods Manufactured } & 44,500 \
\hline
\end{array}$$ Calculate the amount of ending Finished Goods Inventory reported on Super Tread's balance sheet.

Question

Super Tread Inc.is a large manufacturer of auto tires.Super Tread has provided the following information: $$\begin{array} { | l | r | } 
\hline \text { Sales Revenue } & \$ 55,000 \
\hline \text { Beginning Finished Goods Inventory } & 15,500 \
\hline \text { Cost of Goods Sold } & 37,500 \
\hline \text { Cost of Goods Manufactured } & 44,500 \
\hline
\end{array}$$ Calculate the amount of ending Finished Goods Inventory reported on Super Tread's balance sheet.

Quizplus · Accepted Answer

The Answer of Super Tread Inc.is a large manufacturer of auto tires.Super Tread has provided the following information: $$\begin{array} { | l | r | } 
\hline \text { Sales Revenue } & \$ 55,000 \
\hline \text { Beginning Finished Goods Inventory } & 15,500 \
\hline \text { Cost of Goods Sold } & 37,500 \
\hline \text { Cost of Goods Manufactured } & 44,500 \
\hline
\end{array}$$ Calculate the amount of ending Finished Goods Inventory reported on Super Tread's balance sheet.

Super Tread Inc Calculate the Amount of Ending Finished Goods Inventory Reported on Has