Solution-What was the ending inventory for the company at

What was the ending inventory for the company at year-end

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Reference no: EM132832608

Question - Delta Merchandising, Inc., has provided the following information for the year just ended:

Net sales $128,500

Beginning inventory $24,000

Purchases $80,000

Gross margin $89,950

Required - What was the ending inventory for the company at year-end?

a. $65,450.

b. $14,050.

c. $24,500.

d. $9,950.

Reference no: EM132832608

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What was the ending inventory for the company at year-end

Reference no: EM132832608

Reference no: EM132832608

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