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What was cost of goods sold

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The following data pertains to Greenwold Manufacturing. Total assets at January 1, 2015, were $290,000; at December 31, 2015, total assets were $334,000. During 2015, sales were $995,000; cash dividends declared were $10,000; and operating expenses (exclusive of cost of goods sold) were $545,000. Total liabilities at December 31, 2015, were $128,000; at January 1, 2015, total liabilities were $105,000. There was no additional paid-in capital during 2015. What was cost of goods sold for 2015?

Reference no: EM131800800

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