Use the information below to answer the following question(s).
Ontario Industries Inc. had the following activities during the year:

-What is the amount of Ontario Industries Inc.'s ending finished goods inventory?
A) $55,000
B) $75,000
C) $70,000
D) $65,000
E) $60,000

Question

Use the information below to answer the following question(s).
Ontario Industries Inc. had the following activities during the year:
 
-What is the amount of Ontario Industries Inc.'s ending finished goods inventory?
A) $55,000 
B) $75,000 
C) $70,000 
D) $65,000 
E) $60,000

Quizplus · Accepted Answer

$247,000 - $242,000 - $80,000 = $75,000
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Use the Information Below to Answer the Following Question(s)