__________ % of Homeless Families in the United States Are

question 81

Multiple Choice

 __________ % of homeless families in the United States are headed by women.

• A) 100
• B) 40
• C) 88
• D) 90

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Definitions:

Retail Inventory Method

An accounting method used by retailers to estimate their ending inventory balances by applying a cost-to-retail price ratio to the retail value of the inventory.

Cost-to-retail Ratio

A method used to estimate the value of ending inventory based on the ratio of the cost of goods available for sale to the retail price of those goods.

Ending Inventory

The worth of products ready for sale at the close of an accounting cycle, determined by adding the initial inventory and purchases, then subtracting the cost of goods sold.

Retail Inventory Method

An accounting method used to estimate inventory value by calculating the cost to retail price ratio.