Selected information regarding a company's most recent quarter follows (all data in thousands) .
What was the ending raw materials inventory?
Definitions:
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.
Service Company
A business that provides intangible products or services to customers rather than physical goods.
Operating Cycle
The period it takes for a business to buy inventory, sell products, and generate cash from operations.
Merchandising Company
A business that purchases finished goods for the purpose of resale without further processing.
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