Damsel Inc. is a large manufacturer of auto tires Damsel has provided the following information

Sales Revenue................$45,500
Beginning Finished Goods Inventory .........................1,500
Cost of Goods Sold . .....................................................32,500
Cost of Goods Manufactured  ....................................35,000

Calculate the amount of ending Finished Goods Inventory reported on Damsel's balance sheet

Answer rating: 100% (QA)

Cost of goods sold COGS Cost of goods manufactu... View the full answer