Beginning inventory: $14,320 Merchandise Purchases: $7,880 Goods available for sale: (a) Ending inventory: $11,250 Cost of goods sold: (b) solve please!

$22,200

$10,950

Step-by-step explanation:

Goods available for sale = beginning inventory + Merchandise Purchases

$14,320 +  $7,880  = $22,200

Ending inventory = goods available for sale - ending inventory

$22,200 - $11,250 = $10,950

b) 1/3 * 1/5

step-by-step explanation:

each smallest part is 1/15 since the written one is 1/5 and it's divided by 3 equal parts. (1/5 )/3 = 1/15 = 1/3 * 1/5