Question: Question 6 ( Mandatory ) ( 5 points ) To determine the cost of goods sold: a ) purchases are added to beginning inventory and
Question Mandatory points
To determine the cost of goods sold:
a purchases are added to beginning inventory and ending inventory is subtracted
b purchases are added to beginning inventory
c purchases are subtracted from beginning inventory
d purchases are subtracted from beginning invenrtory, and ending inventory is added.
If cost of goods drugs sold is then we can assume that the gross margin will be:
a
b
c
d
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