Business
Business, 13.07.2021 21:40, dria40

Cougar Corp. purchased 200 units of inventory for $15 per item on July 20. On July 31, the items were made obsolete by a newly released product. The effect of this change caused the items purchased on July 20 to only be worth $8. What amount would Cougar Corp. report on its financial statements related to this inventory

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Cougar Corp. purchased 200 units of inventory for $15 per item on July 20. On July 31, the items wer...

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