There Are Two Units of an Inventory Item in Stock

question 10

Multiple Choice

There are two units of an inventory item in stock.The selling price is $400 and the value is $400.What is the individual cost of the item -

• A)$100
• B)$200
• C)$300
• D)$400

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Definitions:

Sweatt and McLaurin

Reference to Sweatt v. Painter and McLaurin v. Oklahoma State Regents, landmark U.S. Supreme Court cases that challenged segregation in higher education.

Segregation

The enforced separation of different racial groups in a country, community, or establishment, often marked by discriminatory laws and practices.

Civil Rights Movement

A struggle for social justice in the United States during the 1950s and 1960s, aimed at ending racial segregation and discrimination against African Americans.

Liberal-Left Coalition

A political alignment that brings together liberal and left-wing groups or parties to pursue common goals or policies, often in opposition to conservative or right-wing agendas.