Ask Question
MathematicsMathematics
3 November, 21:54

Aster Inc. is a trading firm. It has $5,500 worth of inventory at the beginning of the year. It made purchases worth $10,700 during the year. At the end of the year, the stock was valued at $3,700. What is the value of Aster Inc.'s cost of goods sold for the year?

A. $16,200

B. $19,900

C. $12,500

D. $8,900

+3
Answers (1)
  1. 3 November, 22:46
    0
    (Begging inventory+purchase) - ending inventory

    (5,500+10,700) - 3,700=12,500
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Aster Inc. is a trading firm. It has $5,500 worth of inventory at the beginning of the year. It made purchases worth $10,700 during the ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What is the end behavior of the graph of the polynomial function f (x) = - x^5 + 9x^4 - 18x^3?
Answers (1)
The admission fee of a theater is $2.50 for adults and $1.25 for children. On a certain day, 700 people went to the theater for a concert and $1375 was collected. How many children and how many adults attended the concert
Answers (1)
What is the length of the raduis if the circle with a circumference of 88
Answers (1)
The principal would like to assemble a committee of 8 students from the 15 member council. how many different committees can be chosen?
Answers (2)
How do you work this
Answers (1)
New Questions in Mathematics
The graph represents a distribution of data. What is the mean of the data? 35 40 45 50 55 60 65 Mark this and return Sond
Answers (1)
A freezer is shaped like a rectangular prism. It has a length of 8 feet and a height of 3 feet. The volume is 54 cubic feet. Find the width of the freezer
Answers (1)
A child is flying a kite and has let out all 80 feet of the kites string. the kite is 35 feet above a stop sign. how far is the child from the stop sign?
Answers (1)
Where are negative numbers placed on Horizontal number line
Answers (1)
A boy is 5 years old and his sister is three times as old as he is. When the boy is 10, how old will his sister be?
Answers (2)
Home » Mathematics » Aster Inc. is a trading firm. It has $5,500 worth of inventory at the beginning of the year. It made purchases worth $10,700 during the year. At the end of the year, the stock was valued at $3,700. What is the value of Aster Inc.
Sign Up Forgot Password?