If a firm has a target inventory of 40000 a starting


If a firm has a target inventory of $40,000, a starting inventory of $25,000 and the cost of goods sold is $35000, what is the dollar amount of its purchases?

$15,000
$20,000
$50,000

 

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: If a firm has a target inventory of 40000 a starting
Reference No:- TGS0624763

Expected delivery within 24 Hours