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he Save&et Slomt 10.00 points E7-4 Inferrion Merchandise Purchases LO7-1 Parker and Jones is a leading retailer of casual apparel for men, women, and children.

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he Save&et Slomt 10.00 points E7-4 Inferrion Merchandise Purchases LO7-1 Parker and Jones is a leading retailer of casual apparel for men, women, and children. Assume that you are empioyed as a r Parker n the current and previous years was $372,472,000 and stock analyst and your boss has just completed a review of the new Abercrombie annual nformation that you need. Her notes show that the ending inventory for Parker in the current and previous years was $372,4 083.000, respecively, Net sales for the current year were $3,540.356,000. Cost of goods sold was $1,178.634,000. Net income was $272,325,000 Determine the amount of purchases for the year, (Hint Use the cost of goods sold MacBook Air -t

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