Question: Calculate COGS in Year 2. Selected financial data Year 1 Year 2 Inventory 100.0 115.0 Accounts payable 62.0 63.0 Sales 1,620.0 1,640.0 Inventory purchases 800.0

Calculate COGS in Year 2.

Selected financial data Year 1 Year 2
Inventory 100.0 115.0
Accounts payable 62.0 63.0
Sales 1,620.0 1,640.0
Inventory purchases 800.0 810.0
Net income 175.0 180.0
Cash paid to suppliers 1,240.0 1,266.0

Select one:

1,266.0

810.0

825.0

795.0

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