Showed beginning inventory-cost of goods sold

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Reference no: EM13790644

The 2014 records of Thompson Company showed beginning inventory, $21,000; cost of goods sold, $29,000; and ending inventory, $23,000. The cost of purchases for 2014 was:

a. 16,500; b. 31,000; c. 27,000; d. 25,000

Reference no: EM13790644

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