In Order to Estimate Human Impact on the Environment We

question 4

Multiple Choice

In order to estimate human impact on the environment we can:

• A) multiply the number of people times affluence per person times resources needed and wastes produced: I=P x A x T
• B) multiply resource depletion times number of years divided by number of people: I = R x Y ÷ P
• C) multiply birth rate times consumption patterns divided by available resources: I= B x C ÷ R
• D) Divide number of people by resources needed and wastes produced: I = P ÷ T
• E) None of these choices; the human impact cannot be measured

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Definitions:

Average Cost Retail Inventory Method

An inventory costing method that values inventory at the average cost of goods available for sale during the period, used to estimate the inventory's cost and ending inventory value.

Cost-to-retail Percentage

A method used to estimate the ending inventory value under the retail inventory method, calculated by dividing the cost of goods available for sale by the retail price of the goods.

Employee Discounts

Reductions in price offered to employees of a company as a benefit or perk, which can apply to products or services offered by the employer.

Net Markups

The amount by which the cost of a product is increased to arrive at the selling price, after accounting for any discounts or additional charges.