At January 1 2016 Deer Corp

question 162

Multiple Choice

At January 1 2016 Deer Corp. has beginning inventory of 2000 surfboards. Deer estimates it will sell 10000 units during the first quarter of 2016 with a 12% increase in sales each quarter. Deer's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each surfboard costs $100 and is sold for $150. How much is budgeted sales revenue for the third quarter of 2016?

• A) $450000
• B) $1950000
• C) $1881600
• D) $12544

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Definitions:

Psychotherapy

A therapeutic treatment method used by mental health professionals to explore and help resolve personal, behavioral, or psychological problems.

Participant Modeling

A therapeutic technique where a therapist demonstrates a behavior to help a client learn and reproduce it.

Cognitive Therapy

A form of psychotherapy focused on changing flawed patterns of thinking to alter unwanted behavior and emotions.

Psychologists

Professionals who study mental processes and behavior through research and application of psychological theories.