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What was yakima cost of goods sold

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Yakima Outfitters began the year with $10,000 of inventory. During the year, they purchased $25,000 of merchandise and incurred $1,000 of shipping costs (freight-in) to get the inventory to their store. Sales revenue during the year was $47,000. At the end of the year, the inventory balance was $8,000.

Problem 1: What was Yakima's Cost of Goods Sold

Reference no: EM132772916

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