The Net Sales of a Company Is $300,000

question 93

Multiple Choice

The net sales of a company is $300,000.The cost of goods available for sale is $280,000 and the gross profit percentage is 35%.What is the amount of ending inventory?

• A)$105,000
• B)$195,000
• C)$85,000
• D)$70,000

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Definitions:

Behavior

The way in which one acts or conducts oneself, especially towards others.

Performance Evaluation

This is the process of assessing and reviewing an employee’s work performance using defined benchmarks, with the aim of understanding their abilities for further growth and development.

Differential Rewards

A system where rewards are varied based on the performance or behavior of individuals or groups.

Attribution Theory

A theory that explains how individuals pinpoint the causes of their own and others’ behavior.