Question
Consider the following: Beginning Merchandise Inventory $136,000 Ending Merchandise Inventory $176,000 Beginning Accounts Payable $144,000 Ending Accounts Payable $172,000 The cost of goods sold was
Consider the following:
| Beginning Merchandise Inventory | $136,000 |
| Ending Merchandise Inventory | $176,000 |
| Beginning Accounts Payable | $144,000 |
| Ending Accounts Payable | $172,000 |
The cost of goods sold was $1,960,000. What was the amount of cash paid for merchandise?
| A. | $1,948,000 | |
| B. | $1,932,000 | |
| C. | $1,972,000 | |
| D. | $1,960,000 |
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Conducting An Institutional Diversity Audit In Higher Education A Practitioners Guide To Systematic Diversity Transformation
Authors: Edna Chun, Alvin Evans, Benjamin D. Reese
1st Edition
1620368196, 978-1620368190
