Question: CALCULATOR PRINTER VERSION 4 BLACK NEXT Multiple Choice Question 48 As a result of a thorough physical inventory, Marigold Company determined that it had inventory

CALCULATOR PRINTER VERSION 4 BLACK NEXT Multiple Choice Question 48 As a result of a thorough physical inventory, Marigold Company determined that it had inventory worth $319200 at December 31, 2020. This count did not take into consideration the following facts: Walker Consignment currently has goods worth $46900 on its sales floor that belong to Marigold but are being sold on consignment by Walker. The selling price of these goods is $74600. Marigold purchased $22600 of goods that were shipped on December 27, FOB destination, that will be received by Marigold on January 3. Determine the correct amount of inventory that Marigold should report. $366100 $388700 $341800. $319200

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