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Raw materials and products held by the firm for sale constitute _____. answer a. cost of goods. b. accounts payable. c. inventories. d. accounts receivable.

Raw materials and products held by the firm for sale constitute _____. answer a. cost of goods. b. accounts payable. c. inventories. d. accounts receivable.
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Raw materials and products held by the firm for sale constitute _____. answer

a. cost of goods.
b. accounts payable.
c. inventories.
d. accounts receivable.

User Jhon Woodwrick
by
7.8k points

1 Answer

3 votes
The correct answer among all of the given choices is C. Inventories.

Raw materials and products held by the firm for sale constitute INVENTORIES.

I hope this is the answer you were looking for and that it helps!! :)
User Strongriley
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