Use the Following Information for Questions

question 2

Multiple Choice

Use the following information for questions
At January 1, 2020, Jake, Inc.has beginning inventory of 4,000 surfboards.Jake estimates it will sell 15,000 units during the first quarter of 2020 with a 10% increase in sales each quarter.Jake's policy is to maintain an ending inventory equal to 25% of the next quarter's sales.Each surfboard costs $200 and is sold for $250.
-How much is budgeted sales revenue for the third quarter of 2020?

• A)$18,150
• B)$4,537,500
• C)$907,500
• D)$3,750,000

---

Definitions:

Traditional Male Role

A set of societal expectations and norms prescribing how men should behave, often emphasizing attributes like strength, stoicism, and dominance.

Dependency

A state of reliance on something or someone, often characterized by a lack of independence or autonomy.

Sexuality

The capacity for sexual feelings and their expression, including sexual orientation, desires, practices, and identity.

Homophobia

The intense fear and intolerance of homosexuals.