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9. The following information relates to Moderate Ltd: $ Net sales $500 000 Beginning inventory $60 000 Ending inventory $36 000 Cost of goods sold

9. The following information relates to Moderate Ltd:

$

Net sales $500 000

Beginning inventory $60 000

Ending inventory $36 000

Cost of goods sold $210 000

What were the purchases for the period?

A. $135 000 B.

$186 000

C. $234 000

D. None of the above

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