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Haack Incorporated Is a Merchandising Company

Question 201

Multiple Choice

Haack Incorporated is a merchandising company. Last month the company's cost of goods sold was $65,500. The company's beginning merchandise inventory was $19,400 and its ending merchandise inventory was $26,600. What was the total amount of the company's merchandise purchases for the month?


A) $65,500
B) $58,300
C) $72,700
D) $111,500

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