Purchase of inventory, A company reports its 2007 cost of

Purchase of inventory

Reference no: EM13257689

A company reports its 2007 cost of goods sold at $15.0 million. Its ending inventory for 2007 is $1.6 million and for 2006, ending inventory was $1.2 million. How much inventory did the company purchase during 2006?

Reference no: EM13257689

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