Eneri Company's Inventory Records Show the Following Data: a Physical

question 165

Multiple Choice

Eneri Company's inventory records show the following data: A physical inventory on December 31 shows 4,000 units on hand.Eneri sells the units for $13 each.The company has an effective tax rate of 20%.Eneri uses the periodic inventory method.What is the cost of goods available for sale?

• A)$169,200
• B)$178,000
• C)$206,000
• D)$325,000

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Definitions:

Risk-Free Rate

The theoretical rate of return of an investment with zero risk, typically represented by the yield on government securities like U.S. Treasury bonds.

Sample Standard Deviation

A measure of the dispersion or variability in a subset of data from its mean, used to estimate the standard deviation of the entire population.

Returns

The profit or loss derived from investing in or owning an asset over a given period.

Standard Deviation

A statistical measure that represents the dispersion or variation of a set of values, commonly used to assess risk in finance.