If a Company's Ending Inventory Count Was $50,000,cost of Goods

question 141

Multiple Choice

If a company's ending inventory count was $50,000,cost of goods sold was $27,000,and purchases were $56,000,its beginning inventory must have been:

• A) $33,000.
• B) $133,000.
• C) $79,000.
• D) $21,000.

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Definitions:

Trigger

An event, situation, or condition that initiates a reaction or a series of reactions.

Emotional

pertains to the affective aspect of human psychology, influencing how people feel about and react to brands, advertisements, products, and services.

Sentiment Analysis

The process of using natural language processing and text analysis techniques to understand and categorize opinions expressed in text.

Strength of Feeling

The intensity or depth of an individual's emotional response or attachment to an idea, object, or entity.