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Tyler Toys Has Beginning Inventory for the Year of $18,000

Question 7

Multiple Choice

Tyler Toys has beginning inventory for the year of $18,000.During the year,Tyler purchases inventory for $230,000 and has cost of goods sold equal to $233,000.Tyler's ending inventory equals:


A) $15,000.
B) $18,000.
C) $21,000.
D) $19,000.

Correct Answer:

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