BadBanna Co

question 34

Multiple Choice

BadBanna Co.has an average age of inventory equal to 25 days.If its end of year inventory level is $8,500,then what does that imply for the cost of goods sold during the year? (round to the nearest dollar)

• A) $582
• B) $4964
• C) $21,250
• D) $124,100

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Definitions:

Gentle Discipline

A parenting and educational approach that uses positive reinforcement and understanding rather than punishment to guide behavior.

Compliance

The act of conforming to or following rules, regulations, or standards set by others.

Concept of Self

An individual's perception of their own identity and personal characteristics, including their beliefs, qualities, and how they view themselves within the social world.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.