A Retail Store Has Goods Available for Sale of $2

question 134

Multiple Choice

A retail store has goods available for sale of $2 million at retail and $1,100,000 at cost,and ending inventory of $160,000 at retail.What is the estimated cost of ending inventory?

• A)$128,000
• B)$160,000
• C)$110,000
• D)$88,000

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Definitions:

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A medication used to treat symptoms of allergies, such as nasal congestion and asthma, by preventing the release of substances that cause inflammation.

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