Question: Exercise 7-4 (Real Data) The following information was extracted from annual reports of 3M (dollars in millions): Compute the missing information. (Enter amounts in millions.)

Exercise 7-4 (Real Data) The following information was extracted from annual reports of 3M (dollars in millions): Compute the missing information. (Enter amounts in millions.) 2014 2013 2012 Beginning inventory $3,416 Purchases 16,289 16,106 Goods available for sale 19,522 Ending inventory Cost of goods sold 3,864 $16,106 $16,447 $15,685 LINK TO TEXT

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