Multiple Choice
Haack Incorporated is a merchandising company. Last month the company's cost of goods sold was $84,000. The company's beginning merchandise inventory was $20,000 and its ending merchandise inventory was $18,000. What was the total amount of the company's merchandise purchases for the month?
A) $86,000
B) $82,000
C) $84,000
D) $122,000
Correct Answer:
Verified
Correct Answer:
Verified
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