How would investors and creditors know about

Reference no: EM133661712

Question: Show what Gravelle should report for ending inventory and for cost of goods sold. Identify the financial statement where each item appears. How would investors and creditors know about the change in inventory? value? Question content area bottom Part 1 Show what Gravelle should report for ending inventory. Ending inventory will be reported at: $51,000 Part 2 Identify the financial statement where ending inventory appears. Ending inventory will be reported on the balance sheet. Part 3 Show what Gravelle should report for ending cost of goods sold. Cost of goods sold will be reported at: $344,000

Reference no: EM133661712

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How would investors and creditors know about : How would investors and creditors know about the change in inventory? value? Question content area bottom Part 1 Show what Gravelle should report for ending

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