Baldwin Corp. ended the year carrying $13,539,000 worth of inventory. Had they s

Question

Baldwin Corp. ended the year carrying $13,539,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Baldwin Corp.? Select: 1 $21,400,000 $7,538,000 $13,539,000 $28,676,000 Baldwin Corp. ended the year carrying $13,539,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Baldwin Corp.? Select: 1 $21,400,000 $7,538,000 $13,539,000 $28,676,000

Explanation / Answer

c. The inventory is at the cost price and selling these at the cost price would add only the cost price of the inventory to the revenue. Hence the amount is $13539000.

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