Skip to main content
Financial Accounting Final - Part 3 of 4!
SAMPLE
This is a sample practice set. In order to have a more personalized exam prep experience:
or
14. Financial Statement Analysis / Ratios: Accounts Payable Turnover / Problem 21
Problem 21

Given a beginning inventory of \$200,000, ending inventory of \$150,000, and COGS of \$400,000, estimate the purchases made during the period.