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A company's cost of goods sold was $5,200. Determine net purchases and ending inventory given goods available for sale were $12,800 and beginning inventory was
A company's cost of goods sold was $5,200. Determine net purchases and ending inventory given goods available for sale were $12,800 and beginning inventory was $6,200.
Net Purchases: $11,400; ending inventory: $6,600 | |
Net Purchases: $11,800; ending inventory: $18,000 | |
Net Purchases: $6,600; ending inventory: $7,600 | |
Net Purchases: $18,000; ending inventory: $7,600 | |
Net Purchases: $19,000; ending inventory: $24,200 |
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