Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 22 Jul 2017 My Price 3.00

Rachael"s Sales Company

The following amounts relate to the Rachael"s Sales Company:

Beginning inventory

$25,000

Purchases

85,000

Net sales

90,000

Gross profit

30,000

The amount of ending inventory is:

  1. $80,000.
  2. $50,000.
  3. $60,000.
  4. $30,000.

Answers

Maurice Tutor
(5)
Status NEW Posted 22 Jul 2017 07:07 PM My Price 3.00

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