Question: Content Area If Beginning Inventory (BI) + Purchases (P) - Ending Inventory (EI) = Cost of Merchandise Sold (COMS), an equivalent equation can be written

Content Area If Beginning Inventory (BI) + Purchases (P) - Ending Inventory (EI) = Cost of Merchandise Sold (COMS), an equivalent equation can be written as a. BI + P = COMS + EI b. BI + P = COMS - EI c. BI - P = COMS + EI d. EI + P = COMS - BI

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