The cost of inventory owned by a company is considered a : opportunity cost, sunk cost, or economic cost

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter6: Cost Of Goods Sold And Inventory
Section: Chapter Questions
Problem 4DQ: What are the components of cost of goods available for sale and cost of goods sold?
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The cost of inventory owned by a company is considered a :

opportunity cost, sunk cost, or economic cost

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