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sundar83 sundar83
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6 years ago
A furniture retailer has a beginning-of-year inventory (at cost) of $400,000; ending inventory (at cost) is $270,000. Yearly purchases are $700,000 and transportation charges equal $5,700. The retailer's merchandise available for sale during the year is ________.
A) $570,000
B) $735,700
C) $1,105,700
D) $575,700
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Retail Management: A Strategic Approach

Retail Management: A Strategic Approach


Edition: 12th
Authors:
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MartineMartine
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wrote...
#2
6 years ago
A furniture retailer has a beginning-of-year inventory (at cost) of $400,000; ending inventory (at cost) is $270,000. Yearly purchases are $700,000 and transportation charges equal $5,700. The retailer's cost of goods sold is ________.
A) $1,105,700
B) $575,700
C) $835,700
D) $570,000
wrote...
#3
6 years ago
C
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