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Use This Information to Answer the Following Question

Question 48

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question. In addition,beginning merchandise inventory was $44,000 and ending merchandise inventory was $28,000. Net cost of purchases for the period were A) $154,000. B) $90,000. C) $114,000. D) $138,000. In addition,beginning merchandise inventory was $44,000 and ending merchandise inventory was $28,000.
Net cost of purchases for the period were


A) $154,000.
B) $90,000.
C) $114,000.
D) $138,000.

Correct Answer:

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