Perform the Indicated Operations

question 8

Multiple Choice

Perform the indicated operations. -120 ÷ 5 + 3

• A)21
• B)-21
• C)15
• D)-15

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Definitions:

Freight-In

Costs associated with the shipping of raw materials or goods into a production facility or warehouse, typically included in the inventory cost.

Inventory Decreased

A situation where the quantity of goods available for sale by a business is reduced, typically because of sales or use.

Purchases

The total amount of goods and materials acquired by a business for resale or production within an accounting period.

Cost of Goods Available

The total cost of a company's inventory that is available for sale during a certain period.