Pineview Company ended the month of March with inventory of $26,000. Pineview expects to end April with
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Pineview Company ended the month of March with inventory of $26,000. Pineview expects to end April with inventory of $14,000 after selling goods with a cost of $98,000. How much inventory must Pineview purchase during April in order to accomplish these results?
a. $112,000
b. $110,000
c. $138,000
d. $86,000
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Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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