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m_a_m_a [10]
3 years ago
14

During the year, a company's inventory decreased by $20,000. if the company's cost of goods sold for the year was $400,000, find

the amount for purchases.
Business
1 answer:
NISA [10]3 years ago
7 0

Purchases for the year = $380,000

Cost of goods sold =  change in inventory + purchases

Make purchases = x, solve for x

400,000 = 20,000 + x

x= 380,000

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Answer:

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According to the given data we have the following:

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4 0
3 years ago
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Internal users of financial information Are those individuals involved in managing and operating the company.

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3 0
3 years ago
The next day kade opens the letter in order to proofread it. he realizes that there is some formatting in part of the letter tha
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8 0
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___ is a portfolio-planning tool for identifying company growth opportunities through market penetration, market development, pr
pentagon [3]

Answer:

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masha68 [24]

Answer and Explanation:

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