Bradshaw Shoe Store Has a Beginning Inventory of $48000

question 218

Multiple Choice

Bradshaw Shoe Store has a beginning inventory of $48000. During the period purchases were $180000; purchase returns $15000; and freight-in $6000. A physical count of inventory at the end of the period revealed that $30000 was still on hand. The cost of goods available for sale was

• A) $165000.
• B) $171000.
• C) $189000.
• D) $219000.

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Definitions:

Wheel Installation

The process of fitting and securing a wheel to the hub of a vehicle, ensuring it is safely and correctly attached.

Rolling Radius

The effective radius of a wheel or tire, representing the distance from the wheel center to the ground, impacting vehicle dynamics.

Tape Measure

A flexible ruler used to measure distance, typically made from a ribbon of cloth, plastic, or metal.