In its first year of operations as a retailer, Dudley Ltd.reported a gross profit of $121,000, total purchases of $150,000, and an ending inventory of $60,000.Therefore, Dudley's sales in its first year must have been
A)$61,000.
B)$90,000.
C)$210,000.
D)$211,000.

Question

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The Answer of In its first year of operations as a retailer, Dudley Ltd.reported a gross profit of $121,000, total purchases of $150,000, and an ending inventory of $60,000.Therefore, Dudley's sales in its first year must have been
A)$61,000.
B)$90,000.
C)$210,000.
D)$211,000.

In Its First Year of Operations as a Retailer, Dudley