Taylor Company Had Beginning Inventory of $400 and Ending Inventory

question 131

Multiple Choice

Taylor Company had beginning inventory of $400 and ending inventory of $600. Taylor Company had cost of goods sold amounting to $1,800. What is the amount of inventory that was purchased during the period?

• A)$1,600
• B)$2,800
• C)$2,000
• D)$2,400

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Competence

The ability to do something successfully or efficiently, often refers to a specific skill or set of skills.

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The activity of raising a child, including its physical, emotional, social, and intellectual development.

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The belief that abilities and intelligence are static and unchangeable traits.

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An individual's perception of their own strengths, weaknesses, and unique qualities; a reflection of one's identity.