单选题 Which of the following is NOT part of the basic inventory equation? A. Beginning inventory + purchases = ending inventory + cost of goods sold. B. Purchases - ending inventory + beginning inventory = cost of goods sold. C. Beginning inventory - ending inventory - cost of goods sold = purchases.
【正确答案】 C
【答案解析】To solve for purchases the basic inventory equation would then be: ending inventory + COGS- beginning inventory = purchases.