Collins 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 $7,900 million, ending inventory for the second quarter of $9,100 million, and ending inventory for the previous quarter of $9,100 million. Determine the amount of merchandise purchases for the second quarter. (Enter your answer in millions.) Merchandise Purchases million

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Collins 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 $7,900 million, ending inventory for the second quarter of $9,100 million, and
ending inventory for the previous quarter of $9,100 million.
Determine the amount of merchandise purchases for the second quarter. (Enter your answer in millions.)
Merchandise Purchases
million
Transcribed Image Text:Collins 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 $7,900 million, ending inventory for the second quarter of $9,100 million, and ending inventory for the previous quarter of $9,100 million. Determine the amount of merchandise purchases for the second quarter. (Enter your answer in millions.) Merchandise Purchases million
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