c. Average Ending Inventory Cost of Sales 180 ÷ $2,530 = $14.06 $2,530 - $421.80 = $2,108.20 30 $14.06 = $421.80  d. Specific identification Ending Inventory Cost of Sales $2,530 - $420 = $2,110 30 $14 = $420 
c. Average Ending Inventory Cost of Sales 180 ÷ $2,530 = $14.06 30  $14.06 = $421.80 $2,530 - $421.80 = $2,108.20 d. Specific identification Ending Inventory Cost of Sales 30  $14 = $420 $2,530 - $420 = $2,110
Ch06%20Liquidity%20of%20short%20term%20asset.docx