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Compute Cost of Goods Sold for Ronald's Sporting Goods, a merchandising company given the following...

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Accounting

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Compute Cost of Goods Sold for Ronald's Sporting Goods, a merchandising company given the following information (Click the icon to view the data) Data Table Ronald Sporting Goods Calculation of Cost of Goods Sold Plus: Plus: HERE Advertising expense ...... $32,000 Purchases of merchandise..... 460,000 Salaries exponse 84,000 Freight-in and import duties .... 24,000 Lease of store 83,000 Beginning inventory 36,000 Ending inventory 47,000 Less: Cost of goods sold

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