Desired Ending Inventory Is 25% More Than Beginning Inventory

question 18

Multiple Choice

Desired ending inventory is 25% more than beginning inventory.If purchases total $160,000,which of the following statements is TRUE regarding cost of goods sold (COGS) ?

• A)COGS will exceed cost of goods available for sale.
• B)COGS will exceed purchases.
• C)COGS will be less than purchases.
• D)COGS will equal $55,000.

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Definitions:

Hyperexcitability

An increased sensitivity or responsiveness to stimuli, which can manifest in nervous or muscular systems.

Stimulus Deprivation

refers to a lack of sensory input or stimulation, which can lead to various cognitive and psychological effects.

Emotionally Secure

Being emotionally secure refers to a state of feeling confident and stable in one's emotional life, allowing for healthy relationships and effective coping with stress and change.

Side-effects

Secondary, typically undesirable effects of a drug or medical treatment, or unintended consequences of actions beyond their intended effects.