The Following Details Are Provided by Western Wear Merchandisers Calculate the Amount of Net Purchases

question 237

Multiple Choice

The following details are provided by Western Wear Merchandisers.The company uses the periodic inventory system. $\begin{array}{|l|c|}\hline \text { Net Sales } & \$ 202,000 \\\hline \text { Purchases } & 94,000 \\\hline \begin{array}{l}\text { Purchase Returns and } \\\text { Allowances }\end{array} & 1,600 \\\hline \text { Prchase Discounts } & 1,200 \\\hline \text { Freight In } & 1,500 \\\hline \begin{array}{l}\text { Beginning Merchandise } \\\text { Iventory }\end{array} &63,000 \\\hline \text {Ending Merchandise Inventory } & 37,000\\\hline\end{array}$ Calculate the amount of net purchases.

• A) $154,200
• B) $89,700
• C) $91,200
• D) $108,000

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Definitions:

Coppertone Products

A brand known for its sun protection and skin care products, including sunscreens and lotions.

Postpurchase Behavior

The actions and reactions of consumers after buying a product or service, including their levels of satisfaction, loyalty, and likelihood of repeat purchases.

Dissatisfaction

The feeling of unhappiness or disappointment resulting from the disparity between one’s expectations and the actual performance or outcome.

Evaluative Criteria

The standards or benchmarks that consumers use to judge the merits and shortcomings of different products and brands.