Question
A company provided the following data: sales, $500,000; beginning inventory, $40,000; ending inventory, $45,000; and gross profit, $150,000. What was the amount of inventory purchased
A company provided the following data: sales, $500,000; beginning inventory, $40,000; ending inventory, $45,000; and gross profit, $150,000. What was the amount of inventory purchased during the year?
| $385,000. | ||
| $355,000. | ||
| $345,000. | ||
| $145,000. |
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Audit Of The Universe Are We Guarding Our Cocooning Atmosphere Watching Over Our Life Giving Water And Fertile Soil Respecting Our Nourishing Flora And Prodigious Fauna Are We Managing Earths Resources For Better Or Worse
Authors: Sam Kneller
1st Edition
B08DBYMT4K, 979-8668249695
