Although only 20 units are on hand at the beginning of the


Although only 20 units are on hand at the beginning of the year, World Company plans to sell 100 units during 2014. Assuming the company desires an ending inventory of 10 units, it should plan to purchase 110 units.

1) True

2) False

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Financial Accounting: Although only 20 units are on hand at the beginning of the
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