The Following Relate to Data Original in 2012 A)$120,000
B)$140,000
C)$210,000
D)$260,000
E)none of the Answers Are Correct

question 45

Multiple Choice

The following relate to Data Original in 2012.What is the ending inventory? $$\begin{array} { l r } \text {Purchases}&\$540,000\\\text {Beginning Inventory}&80,000\\\text {Purchase Returns}&10,000\\\text {Sales}&800,000\\\text {Cost of Goods Sold}&490,000\\\end{array}$$

• A)$120,000
• B)$140,000
• C)$210,000
• D)$260,000
• E)none of the answers are correct

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Definitions:

Acquisition

The process of acquiring control of another company by purchase or exchange of stock.

Combining Firms

The process of two or more companies joining together to form a single business entity, often to achieve strategic objectives or enhance market share.

Horizontal Merger

The combination of two or more companies that operate in the same industry and are at the same stage in the production process.

Market Share

The segment of a market dominated by a specific company or product.