The Following Information Was Available from the Inventory Records of a Company

question 3

Multiple Choice

The following information was available from the inventory records of a company for July 2008: $\begin{array} {| l|l| l|l| } \hline&& \text {unit }& \text {total }\\\hline& \text {units }& \text { cost}& \text { costs}\\\hline \text { Balance at July 1, 2008 .}&2,000&\$19.55&\$39,100\\\hline \text {Purchases: July \( 6,2008 \) . }&1,500&20.60&30,900\\\hline \text {July 16,2008 }&3,400&21.50&73,100\\\hline \text { Sales: July 7, 2008}&(1,800) \\\hline \text { July 31, 2008}&(3,200) \\\hline \text { Balance at July 31, 2008 .}&1,900\\\hline\end{array}$
Assuming that the company uses the periodic inventory system,what would be the inventory valuation at July 31,2008,using the weighted-average inventory method (rounded to the nearest dollar) ?

• A)$39,046
• B)$39,406
• C)$39,900
• D)$39,996

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

---

Definitions:

Behavioral Finance

An area of study focusing on how psychological influences and biases affect the financial behaviors of investors and financial markets.

Rational

Characterized by clear, logical thinking, often referring to decision-making that maximizes benefit.

Irrational

Acting without reason or understanding, often defying logical or expected behavior, particularly in economic contexts referring to market participants.

Weak-form Efficient

A form of market efficiency that asserts all past trading information is fully reflected in stock prices, and thus, technical analysis cannot consistently produce excess returns.