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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

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Answers: 3

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A company reports the following information: Invoice cost of merchandise purchases $ 110,000
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