Question

Baldwin Corp. ended the year carrying $19,196,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Baldwin Corp.?

Answer 1

Answer: $19,196,000

Step-by-step explanation:

As this is the end of the year it means that all costs associated with selling inventory have already been incurred and accounted for.

The total revenue that Baldwin would have received had they sold off all their inventory would be the inventory worth of $19,196,000 because there are no more costs to be deducted from it as they have all been deducted already.