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Tyler Toys has beginning inventory for the year of $18,000. During the year, Tyler purchases inventory for $230,000 and has cost of goods sold equal to $233,000. Tyler's ending inventory equals:

a. $15,000.
b. $18,000.
c. $21,000.
d. $19,000.

Respuesta :

MaLaura

Answer:

The correct answer is option A: $15,000.

Explanation:

You substract the 3 thousand dollards left from teh 18 original grand and you get the equals of the inventory.

Tyler's ending inventory is $15,000

Ending inventory:

Given that;

Beginning inventory for the year = $18,000

Purchases inventory = $230,000

Cost of goods sold = $233,000

Find:

Tyler's ending inventory

Computation:

Tyler's ending inventory = Beginning inventory for the year + Purchases inventory - Cost of goods sold

Tyler's ending inventory = $18,000 + $230,000 - $233,000

Tyler's ending inventory = $15,000

Option 'A' is the correct answer to the following question.

Find out more information about 'Ending inventory'.

https://brainly.com/question/25947903?referrer=searchResults

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