Multiple Choice
Gabat Inc. is a merchandising company. Last month the company's merchandise purchases totaled $67,000. The company's beginning merchandise inventory was $19,000 and its ending merchandise inventory was $22,000. What was the company's cost of goods sold for the month?
A) $108,000
B) $67,000
C) $64,000
D) $70,000
Correct Answer:
Verified
Correct Answer:
Verified
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