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Compute the Missing Inventory Values. The following information was disclosed in the 2012 annual report of The...

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Accounting

Compute the Missing Inventory Values.
The following information was disclosed in the 2012 annual reportof The Arcadia Company.

Fill in the missing values.

201220112010
Beginning inventory$Answer$Answer$12,760
Purchase of inventory46,850Answer42,940
Inventory available for saleAnswerAnswer55,700
Ending inventoryAnswer11,855Answer
Cost of goods sold13,60042,48043,715

Answer & Explanation Solved by verified expert
3.6 Ratings (498 Votes)
201220112010Beginning Inventory 11855 11985    See Answer
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