A company reports the following information:
Invoice cost of merchandise purchases $ 110,000
...
Mathematics, 19.11.2020 21:20, samangelzrose3576
A company reports the following information:
Invoice cost of merchandise purchases $ 110,000
Purchase discounts 15,000
Purchase returns and allowances 7,000
Transportation costs 3,000
The company’s total cost of merchandise purchases equals:
multiple choice
$129,000
$115,000
$91,000
$132,000
Answers: 3
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