Which of the Following Formulas Represents Cost of Goods Sold

question 158

Multiple Choice

Which of the following formulas represents cost of goods sold for a merchandising business?

• A) Beginning inventory - ending inventory = cost of goods sold
• B) Purchases and freight in - ending inventory = cost of goods sold
• C) Ending inventory + purchases and freight in - beginning inventory = cost of goods sold
• D) Beginning inventory + purchases and freight in - ending inventory = cost of goods sold

---

Definitions:

Approach Goals

Targets or objectives that focus on achieving a positive outcome or moving towards a desirable object, situation, or level of performance.

Positive Experiences

Events or moments that induce positive emotions, such as happiness, joy, contentment, or love, contributing to overall well-being.

Repetitive Tasks

Activities or jobs that involve the same series of actions being performed over and over again, often leading to boredom or physical strain.

Worker Motivation

The level of energy, commitment, and creativity that a company's workers bring to their jobs.