Drake Corporation Had the Following Amounts, All at Retail

question 70

Multiple Choice

Drake Corporation had the following amounts, all at retail: What is Drake's ending inventory at retail?

• A)$54,400.
• B)$56,000.
• C)$57,600.
• D)$58,400

---

Definitions:

Organizational Politics

The use of power and social networking within an organization to achieve changes that benefit the individual or a group.

Management

The process of dealing with or controlling things or people within an organization.

Groupthink

A psychological phenomenon wherein the desire for conformity within a group results in an irrational or dysfunctional decision-making outcome.

Cohesive

Referring to the property of an element or group to stay together tightly and function in a unified manner.