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Category > Accounting Posted 06 May 2017 My Price 8.00

Yang & Min Inc. is a retailer of contemporary furniture

Yang & Min Inc. is a retailer of contemporary furniture. You are told that Yang & Min's ending inventory is $200,000 and its cost of goods sold is $500,000. Yang & Min had $100,000 of inventory at the beginning of the year. What was the dollar amount of goods purchased by Yang & Min during the year?

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Alpha Geek
(8)
Status NEW Posted 06 May 2017 10:05 AM My Price 8.00

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Attachments

file 1494066794-1303370_1_636295498487525988_purchased-amount.xlsx preview (86 words )
13-----------033-----------70&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------474-----------480-----------Pur-----------cha-----------sed----------- am-----------oun-----------tYa-----------ng -----------&am-----------p;a-----------mp;----------- Mi-----------n I-----------nc.----------- is----------- a -----------ret-----------ail-----------er -----------of -----------con-----------tem-----------por-----------ary----------- fu-----------rni-----------tur-----------e. -----------You----------- ar-----------e t-----------old----------- th-----------at -----------Yan-----------g &-----------amp-----------;am-----------p; -----------Min-----------'s -----------end-----------ing----------- in-----------ven-----------tor-----------y i-----------s $-----------200-----------,00-----------0 a-----------nd -----------its----------- co-----------st -----------of -----------goo-----------ds -----------sol-----------d i-----------s $-----------500-----------,00-----------0. -----------Yan-----------g &-----------amp-----------;am-----------p; -----------Min----------- ha-----------d $-----------100-----------,00-----------0 o-----------f i-----------nve-----------nto-----------ry -----------at -----------the----------- be-----------gin-----------nin-----------g o-----------f t-----------he -----------yea-----------r. -----------?Wh-----------at -----------was----------- th-----------e d-----------oll-----------ar -----------amo-----------unt----------- of----------- go-----------ods----------- pu-----------rch-----------ase-----------d b-----------y Y-----------ang----------- &a-----------mp;-----------amp-----------; M-----------in -----------dur-----------ing----------- th-----------e y-----------ear-----------Yan-----------g &-----------amp-----------;am-----------p; -----------Min----------- In-----------c$Y-----------ear----------- en-----------din-----------g I-----------nve-----------nto-----------ryA-----------ddi-----------ng -----------cos-----------t
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