Haar Inc. is a merchandising company. Last month the company's cost of goods sold was...
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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?
$61,000
$51,000
$71,000
$93,000
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?
| $61,000 | ||
| $51,000 | ||
| $71,000 | ||
| $93,000 |
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