Big Box Store Has Operated with a 30% Average Gross

question 23

Multiple Choice

Big Box Store has operated with a 30% average gross profit ratio for a number of years.It had $100,000 in sales during the second quarter of this year.If it began the quarter with $18,000 of inventory at cost and purchased $72,000 of inventory during the quarter,its estimated ending inventory by the gross profit method is:

• A)$30,000.
• B)$21,000.
• C)$20,000.
• D)$18,000.
• E)$27,000.

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Definitions:

Motor Neurons

Nerve cells forming part of the pathway along which impulses pass from the brain or spinal cord to a muscle or gland, facilitating movement and action.

Synaptic Neurons

Neurons that are capable of transmitting a nerve impulse across a synapse to a postsynaptic element, such as another nerve, muscle, or gland.

Efferent Neurons

Nerve cells that carry neural impulses away from the central nervous system toward muscles to cause movement, also known as motor neurons.

Afferent Neurons

Nerve cells that carry sensory information from the body's tissues and organs to the brain or spinal cord.