Cassie Corporation Has Provided the Following Information for Its Most

question 94

Multiple Choice

Cassie Corporation has provided the following information for its most recent month of operation:
Sales $32,000,beginning inventory $8,000,purchases $16,000 and gross profit $20,000.How much was Cassie's ending inventory?

• A)$4,000
• B)$8,000
• C)$6,000
• D)$12,000

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Definitions:

Remanufacturing

The process of refurbishing used products or components to a like-new condition, offering a sustainable alternative to new production.

Carbon Allowances

Permits that allow the holder to emit a certain amount of carbon dioxide or other greenhouse gases, often used in cap-and-trade systems to reduce emissions.

Cap and Trade

An environmental policy tool that sets a limit on emissions and allows businesses to buy and sell permits for a certain amount of emissions, encouraging reduction in pollution.

Sustainability Supply Chains

Supply chains designed and managed to meet current needs without compromising the ability of future generations to meet their needs, focusing on environmental, social, and economic sustainability.