Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. zoro co. uses the periodic inventory method. if en

Zoro Co. uses the periodic inventory method. If Ending Inventory = $99,750, Beginning Inventory= $110,000,...

60.1K

Verified Solution

Question

Accounting

Zoro Co. uses the periodic inventory method. If Ending Inventory = $99,750, Beginning Inventory= $110,000, COGS = $202,000, How much did Zoro Co. pay for purchases of inventory, in dollars?

Select one:

a. 199,750

b. 203,250

c. 212,250

d. 191,750

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

You have just been offered a contract worth $ 1.24 million per year for 7 years.?...

Finance
Q

Susan Lo picked up the phone and called her boss, Phil Takata, the vice president of...

Accounting
Q

AC Source Electrical Paathds O As ft both Xc and XL O As ft Xc...

Physics
Q

Two monoatomic ideal gases A and B of molecular masses m and respectively are enclosed...

Physics
Q

In which quadrant is the following true?cscx<0 and secx>0Quadrant IVQuadrant IIIQuadrant IQuadrant II

Basic Math
Q

Considering only the values of ? for which csc ?cos (2?) is defined, which of...

Basic Math
Q

grams and a standard deviation of 450 grams Use a 0 01 significance level to...

Statistics
Q

Eli Lilly Corp, included the following footnote in its 2020 Form 10-K: Environmental Matters The...

Accounting
Q

Oslo Company prepared the following contribution format income statement based on a sales volume of...

Accounting
Q

Nixon Distributors purchases inventory in crates of merchandise. Assume the company began April with an...

Accounting
Q

LO1 How much taxable income should each of the following taxpayers report? a. Kimo builds...

Accounting
Q

Require an income statement as per below attached blank income statement. Multiple assumptions will be...

Accounting