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The following relates to Data Original Company in 2014. What is the company's ending inventory for 2014?

Purchases $540,000

Beginning Inventory 80,000

Purchases returned by Data Original to its suppliers in 2014 10,000

Sales 800,000

Cost of goods sold 490,000

A. $120,000

B. $140,000

C. $210,000

D. $260,000

E. none of the above.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91967072

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