Sales Goods Sold Net Ending Profit Beg Inventory Purchases Inventory Net Sales returns Sales (Loss) 5,000 80,000 24,000 130,000 38,000 2 126,000 6,000 48,000 145,000 46,500 3. 7,200 264,800 167,000 62,800 186,200 4 345,000 8,600 114,000 141,000 179,000 5 468,000 458,800 155,000 270,000 228,000 6. 12,300 196,000 179,500 431,700 95,000 7. 15,100 666,900 390,000 112,100 363,900

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.12E: Inventory analysis Costco Wholesale Corporation (COST) and Wal-Mart Stores Inc. (WMT) compete...
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Answer only 1 and 4

Sales
Goods
Sold
Net
Ending
Profit
Beg
Inventory Purchases Inventory
Net
Sales
returns
Sales
(Loss)
5,000
80,000
24,000
130,000
38,000
2 126,000
6,000
48,000
145,000
46,500
3.
7,200 264,800
167,000
62,800 186,200
4 345,000
8,600
114,000
141,000 179,000
5 468,000
458,800
155,000
270,000
228,000
6.
12,300
196,000
179,500 431,700
95,000
7.
15,100 666,900
390,000
112,100 363,900
Transcribed Image Text:Sales Goods Sold Net Ending Profit Beg Inventory Purchases Inventory Net Sales returns Sales (Loss) 5,000 80,000 24,000 130,000 38,000 2 126,000 6,000 48,000 145,000 46,500 3. 7,200 264,800 167,000 62,800 186,200 4 345,000 8,600 114,000 141,000 179,000 5 468,000 458,800 155,000 270,000 228,000 6. 12,300 196,000 179,500 431,700 95,000 7. 15,100 666,900 390,000 112,100 363,900
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