Find cost of inventory either purchased or manufactured


Analyzing changes in inventory. Boeing Company, a U.S. airplane manufacturer, reported a balance of $8,105 million in Inventory at the beginning of 2007 and $9,563 million at the end of 2007. Its income statement reported Cost of Products Sold of $45,375 million for 2007. Compute the cost of inventory either purchased or manufactured during 2007. Boeing Company applies U.S. GAAP, and reports its results in millions of U.S. dollars.

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Finance Basics: Find cost of inventory either purchased or manufactured
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