Question: If beginning inventory (BI) plus purchases ( P ) minus ending inventory (EI) equals cost of goods sold (COGS), an equivalent equation can be written

If beginning inventory (BI) plus purchases ( P ) minus ending

If beginning inventory (BI) plus purchases ( P ) minus ending inventory (EI) equals cost of goods sold (COGS), an equivalent equation can be written as a. BIP=COGS+EI b. BI+P=COGSEI c. EI+P=COGSBI d. BI+P=COGS+EI

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