Solved

Haar IncIs a Merchandising Company

Question 10

Multiple Choice

Haar Inc.is a merchandising company.Last month the company's cost of goods sold was $61,000.The company's beginning merchandise inventory was $11,000 and its ending merchandise inventory was $21,000.What was the total amount of the company's merchandise purchases for the month?


A) $61,000
B) $51,000
C) $71,000
D) $93,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions