Consider the Data in the Inventories T-Account Shown Below and the Partial

question 86

Multiple Choice

Consider the data in the Inventories T-account shown below and the partial listing of account balances at the end of the year. $$\begin{array}{l}\text { Irventories }\\\begin{array} { | l | r | l | r | } \hline \text { Begirning } & & & \\\hline \text { Balarice } & 187,500 & & \\\hline & & & \\\hline & & & \\\hline & 104,900 & \\\hline & 63,900 & & 18,000 \\\hline & & & 5,400 \\\hline & & & 14,700 \\\hline & & & 19,200 \\\hline \end{array}\end{array}$$ Partial listing of account balances at the end of the year:
$\begin{array}{|l|r|}\hline \text { Cash } & \$ 28,000 \\\hline \text { Accounts Receivable } & 35,600 \\\hline \text { Inventories } & ? \\\hline \text { Other Current Assets } & 5,900\\\hline\end{array}$ The amount of Total Current Assets that would be reported on the company's balance sheet at the end of the year would be:

• A)$180,800.
• B)$368,500.
• C)$145,700.
• D)$298,800.

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Definitions:

Probability Distribution

A statistical model that demonstrates all possible values and their likelihoods for a random variable across a certain range.

Market Risk

The potential for investors to experience losses due to factors that affect the overall performance of the financial markets, such as economic downturns or fluctuations in interest rates.

Business Risk

The possibility of loss resulting from the day-to-day operations of a business, which can be influenced by numerous factors including market conditions, production costs, and management decisions.

Risk Aversion

The inclination of investors to avoid risk, preferring safer investments over those with higher potential for gains but also greater risk.