Cassie Corporation Has Provided the Following Information for Its Most

question 61

Multiple Choice

Cassie Corporation has provided the following information for its most recent month of operation: sales $32,000,beginning inventory $8,000,purchases $16,000 and gross profit $20,000.How much was Cassie's ending inventory?

• A)$4,000.
• B)$8,000.
• C)$6,000.
• D)$12,000.