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Question 130

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question. In addition, beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000. Net cost of purchases for the period were A) $74,000. B) $42,000. C) $54,000. D) $66,000. In addition, beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000.
Net cost of purchases for the period were


A) $74,000.
B) $42,000.
C) $54,000.
D) $66,000.

Correct Answer:

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