Business, 22.10.2020 02:01 brandiwingard

Stear Corp. has an opening inventory of $2,500. During the year, it made purchases worth $55,000. At the end of the accounting period, the inventory was worth $1,250. What was the cost of goods sold? A.
$57,500
B.
$56,250
C.
$53,750
D.
$55,000

Answers: 2

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Stear Corp. has an opening inventory of $2,500. During the year, it made purchases worth $55,000. At...