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Dillards, Incorporated, operates department stores located primarily in the Southwest, Southeast, and Midwest. In its 2019 second-quarter report, the company reported Cost of Goods Sold
Dillards, Incorporated, operates department stores located primarily in the Southwest, Southeast, and Midwest. In its 2019 second-quarter report, the company reported Cost of Goods Sold of $1,030 million, ending inventory for the second quarter of $1,600 million, and ending inventory for the previous quarter of $1,830 million.
Determine the amount of merchandise purchases for the second quarter.
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