Multiple Choice
During the year, Megan's Pet Shop's merchandise inventory decreased by $80,000.If the company's cost of goods sold for the year was $1,200,000, purchases would have been
A) $1,280,000.
B) $1,120,000.
C) $1,040,000.
D) Unable to determine.
Correct Answer:
Verified
Correct Answer:
Verified
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