Calculate the cost of goods sold for a merchandiser using the periodic inventory system from the following details. Purchases $500,000
Beginning Merchandise Inventory 175,000
Purchase Returns and Allowances 60,000
Purchase Discounts 12,000
Freight In 17,000
Ending Merchandise Inventory 160,000
A. $477,000
B. $460,000
C. $780,000
D. $500,000

B. $460,000

Explanation:

The computation of the cost of goods sold using the periodic inventory system  is shown  below:

Beginning Inventory$175,000    

Add:  Purchases        $500,000    

Add: Freight In         $17,000    

Less: Purchase Returns and allowances-$60,000    

Less:  Purchase Discounts-$12,000    

Cost of goods available for sale$620,000    

Less: Ending Inventory-$160,000    

Cost of goods sold$460,000

We simply applied the above format to determine the cost of goods sold

metallurgy is your answer

the "study of metals and the process of refining ("

note that it says metal. metallurgy has the word "metal" in it, and so is most likely your answer (and is your answer).

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net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation: