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Determine the dollar amount of the cost of goods sold

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Question - Baltimore Company's January 1, 2020 finished goods inventory was $95,000. The January 1, 2021 finished goods inventory is $100,000. Cost of goods purchased for resale FY 2020 was $320,000. Use this information to determine the dollar amount of the FY 2020 cost of goods sold.

Reference no: EM133020436

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