Estimate the Number of Pennies That Would Fit in a Box

question 36

Multiple Choice

Estimate the number of pennies that would fit in a box one foot across by one foot wide by one foot tall.

• A)5 × 10²
• B)5 × 10³
• C)5 × 10⁴
• D)5 × 10⁵
• E)5 x 10⁴

Identify the traits and skills essential for entrepreneurial success.

Comprehend the advantages and disadvantages of small businesses in the retail industry.

Acknowledge the process and challenges of entrepreneurship.

Recognize the major causes of small-business failure.

---

Definitions:

Merchandise Inventory

The total cost of all goods that are available for sale during a certain period, including purchases and adjustments for returns or damages.

Inventory On Hand

Refers to the total amount of items or products available in stock by a business at any given time.

Debit Memo

A document issued by a buyer to a seller indicating a reduction of the amount due to the seller, often due to returned goods or discrepancy in billing.

Price Allowance

A reduction in the selling price, often used as a promotional strategy or to compensate for minor defects.