The option A .plus net purchases minus ending inventory. is correct answer.
The ultimate price set by the seller—that is, the amount the consumer pays—is known as the selling price of a good or service. The exchange can be for a certain amount, weight, or measurement of a good or service.
It is one of the most crucial elements that a business must consider. It is crucial since it will determine whether or not it survives. The cost of a product directly impacts how many units are sold.
The wholesale price of a product is established by the cost price plus the profit margin. There is typically room for profit for both distributors and retailers between the manufacturer's suggested retail price (MSRP) and the wholesale price. As an unique inducement or a way to deal with unforeseen events, like bad market conditions, manufacturers would occasionally offer a product at cost or even below cost, forgoing their profit.
Cost of goods sold is equal to the cost of its beginning inventory plus the cost of its net purchase minus the cost of its ending inventory.
Hence the option A .plus net purchases minus ending inventory. is correct answer.
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