Use the Following Information for Questions
Trent Co -The Ending Inventory at Retail Should Be
A)$160,000

question 47

Multiple Choice

Use the following information for questions
Trent Co.uses the retail inventory method.The following information is available for the current year. $\begin{array}{lcc}&\text { Cost }& \text { Retail }\\\text { Beginning inventory } & \$ 78,000 & \$ 122,000 \\\text { Purchases } & 295,000 & 415,000 \\\text { Freight-in } & 5,000 & - \\\text { Employee discounts } & - & 2,000 \\\text { Net markups } & - & 15,000 \\\text { Net Markdowns } & - & 20,000 \\\text { Sales } & - & 390,000\end{array}$
-The ending inventory at retail should be

• A)$160,000.
• B)$150,000.
• C)$144,000.
• D)$140,000.

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Definitions:

NPV

Net Present Value (NPV) is a financial metric that calculates the difference between the present value of cash inflows and outflows of a project or investment over time.

Capital-Labor Ratio

The ratio of the total value of capital equipment to the labor force, indicating the level of capital intensity in production processes.

Productivity Growth

The increase in the efficiency of production in an economy, typically measured as the output per hour worked.

Cumulative Power

Cumulative power refers to the total amount of energy generated or exerted over a period of time.