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What the total amount of company merchandise purchases

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Question - Haar Inc. is a merchandising company. Last month the company's cost of goods sold was $61,700. The company's beginning merchandise inventory was $17,700 and its ending merchandise inventory was $23,100. What was the total amount of the company's merchandise purchases for the month?

$56,300

$61,700

$67,100

$102,500

Reference no: EM132074159

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