When GD Inc

question 56

Multiple Choice

When GD Inc.declared a dividend of $20,000,000,its market value increased from $8 billion to $8.5 billion.However,it lost a chance to reinvest $20,000,000 in the research and development of a new product which would have earned a profit of $200 million.Thus,this $200 million is referred to as GD Inc.'s

• A) producer surplus.
• B) consumer surplus.
• C) opportunity cost.
• D) social cost.

Analyze the effects of consigned goods on inventory accounts.

Understand how merchandise returns from customers are recorded in accounting.

Comprehend the components that constitute the cost of merchandise inventory.

Grasp the accounting procedures in a perpetual inventory system, including how merchandise returns to suppliers are handled.

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Definitions:

Intention Regarding Behavior

A person's commitment or decision to perform a specific behavior or action.

Attitude

A psychological construct representing an individual's degree of like or dislike, favor or disfavor, toward an object, person, thing, or event.

Self-Efficacy

An individual's belief in their own ability to complete tasks and achieve goals, affecting motivation and performance in various settings.

Smoking Relapse

A return to smoking cigarettes or using tobacco products after an attempt to quit.