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    Financial Accounting Study Set 1
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    Exam 6: Merchandising Operations and the Multistep Income Statement
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    Buckeye Co
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Buckeye Co

Question 16

Question 16

Multiple Choice

Buckeye Co.had beginning inventory of $18,000,cost of goods sold of $42,000,and ending inventory of $24,000.Purchases were:


A) $36,000.
B) $30,000.
C) $27,000.
D) $48,000.

Correct Answer:

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