Determine amount of merchandise purchases for second quarter


Problem

Roy Corporation, operates department stores located primarily in the Southwest, Southeast, and Midwest. In its 2019 second-quarter report, the company reported Cost of Goods Sold of $8,300 million, ending inventory for the second quarter of $9,800 million, and ending inventory for the previous quarter of $9,200 million.

Determine the amount of merchandise purchases for the second quarter.

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Financial Accounting: Determine amount of merchandise purchases for second quarter
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