单选题
In 2004, Torrence Co. had a beginning inventory ors 19924 and made purchases of $15923. If the ending inventory level was $19204, what was the Cost of Goods Sold for year 2004?
A、
A. $15923.
B、
B. $15203.
C、
C. $16643.
【正确答案】
C
【答案解析】
Beginning Inventory+Purchases-Ending Inventory=COGS. $19924+$15923-$19204=$16643.
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