Delta Merchandising, Inc The Ending Inventory for the Company at Year End Was

question 84

Multiple Choice

Delta Merchandising, Inc. has provided the following information for the year just ended: $$\begin{array} { | l | r | } \hline \text { Net sales } & \$ 128,500 \\\hline \text { Beginning inventory } & 24,000 \\\hline \text { Purchases } & 80,000 \\\hline \text { Gross margin } & 38,550 \\\hline\end{array}$$ The ending inventory for the company at year end was:

• A)$9,950.
• B)$24,500.
• C)$65,450.
• D)$14,050.

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Definitions:

Effort Justification

A psychological phenomenon where individuals rationalize the effort they put into a task by increasing their valuation of the outcome.

Minimal Deterrence

A strategy in international relations aimed at preventing undesirable actions by other states, using the least force or threat possible.

Overjustification

The phenomenon where providing an extrinsic reward for behavior that was previously intrinsically rewarding can lead to a reduction in intrinsic motivation.

Cognitive Dissonance

A psychological state of discomfort caused by holding conflicting beliefs, values, or attitudes, leading to motivation for change.