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Johnson Co

question 37

Multiple Choice

Johnson Co. uses the retail inventory method. From the following data what is the estimated ending inventory at cost? Net purchases at cost $33,000, beginning inventory at cost $27,000, beginning inventory at retail $35,000, net purchases at retail $45,000, retail sales $70,000.

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Definitions:

Permissive Parents

Parenting style characterized by low demands with high responsiveness, where parents are lenient and often only step in when there is a serious problem.

Restrictive Parents

Parenting style characterized by strict rules and expectations, often with limited flexibility and high demands on children.

Power-assertive Techniques

Disciplinary methods based on the use of authority or physical force to enforce rules and correct behavior in children.

Physical Punishment

The use of physical force with the intention of causing a child to experience pain, but not injury, for the purpose of correction or control of behavior.

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