Below are data from the income statement of brown, inc: beginning finished goods inventory $16,000ending finished goods inventory $21,000 cost of goods sold $43,000 gross margin from sales $39,000operating expenses; marketing and selling $20,000net income $19,000what was brown's cost of goods manufactured?

Cost of goods manufactured = $48,000

Explanation:

Cost of goods sold = Beginning inventory + Cost of goods manufactured - Cost of Ending inventory

In the given information, the cost of goods sold = $43,000

Beginning inventory = $16,000

Ending finished goods inventory = $21,000

Thus, putting value in equations we have:

$43,000 = $16,000 + cost of goods manufactured - $21,000

$43,000 + $21,000 - $16,000 = Cost of goods sold

$48,000 = Cost of goods manufactured.

statement of owner"s equity;

the assumption the narrator makes in this excerpt is that the messages he heards were going to hurt the narrator's mom; the narrator just springs in to action. the narrator doesn't specify in this excerpt why he believes that the messages present a problem that requires protection.