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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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