During the year, Megan's Pet Shop's merchandise inventory decreased by $60,000. If the company's cost of goods sold for the year was $900,000, purchases would have been
A) $960,000.
B) $840,000.
C) $780,000.
D) Unable to determine.

Question

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The Answer of During the year, Megan's Pet Shop's merchandise inventory decreased by $60,000. If the company's cost of goods sold for the year was $900,000, purchases would have been
A) $960,000.
B) $840,000.
C) $780,000.
D) Unable to determine.

During the Year, Megan's Pet Shop's Merchandise Inventory Decreased by $60,000