For 2022, Superplus Inc

question 32

Multiple Choice

For 2022, Superplus Inc.reported $48,000 beginning inventory and $52,000 ending inventory.Sales were $320,000 and gross profit was $110,000 for the same period.Based on these figures, days in inventory for 2022 was

• A)59 days.
• B)87 days.
• C)57 days.
• D)83 days.

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Definitions:

DSM-IV

The fourth edition of the Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification of officially recognized psychiatric disorders, published by the American Psychiatric Association.

Mental Disorder

a broad category of conditions that affect mood, thinking, and behavior, significantly impacting daily living, relationships, and physical health.

Genetically Inherited

Traits or characteristics passed down from parents to offspring through genes.

Diathesis

A predisposition or vulnerability to developing a psychological disorder based on genetic or environmental factors.