Mary Is Looking at a Menu Trying to Decide What

question 26

Multiple Choice

Mary is looking at a menu trying to decide what to order. She is mindful of her weight, and wants to make a healthful selection. Which item would be the best choice?

• A) Poached egg with marinara sauce
• B) Pasta Alfredo
• C) Chicken parmigiana
• D) Tempura shrimp
• E) Filet with a béarnaise sauce

---

Definitions:

Net Income

This refers to the amount of money a company earns after subtracting all its expenses, taxes, and costs from its total revenue.

Ending Inventory Value

The total value of all the goods available for sale at the end of a financial period.

LIFO Periodic

An inventory accounting method where the last items purchased are the first ones used in costing inventory, applied at the end of the accounting period.

Inventory Value

The total cost or market value of all the goods and products held by a company intended for sale in the ordinary course of business.