The Inventory of Dyer Ltd for Year Ended 31 December

question 20

Multiple Choice

The inventory of Dyer Ltd for year ended 31 December 2018 was $70 000. The number of days' inventory on hand was 91.25. What was the cost of goods sold for the year?

• A) $140 000
• B) $259 000
• C) $280 000
• D) None of the above

---

Definitions:

Regular Gum

A type of chewing gum without special additives such as nicotine or specific dental benefits, often used for oral entertainment or stress relief.

Quitting Smoking

The act of ceasing the habit of inhaling smoke from burning tobacco, often to improve health outcomes.

Successful Quitters

Individuals who have effectively stopped a habit or addiction, often used in the context of quitting smoking.

Nicotine Concentration

The amount of nicotine present in a given product or substance, relevant in the discussion of tobacco use and cessation efforts.