Susan Florists Had the Following Account Balances at the End

question 101

Multiple Choice

Susan Florists had the following account balances at the end of the current accounting period: A normal gross profit percent is 30%.What is the estimated ending inventory as per the gross profit method?

• A)$100,890
• B)$28,110
• C)$63,410
• D)$65,590

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Definitions:

Human Disease

Any disturbance of a structure or function of the body, typically manifesting by characteristic symptoms and signs, and not resulting directly from physical injury.

MRSA

Methicillin-resistant Staphylococcus aureus, a type of bacteria that is resistant to many antibiotics, making infections difficult to treat.

Microorganism

A microscopic organism, such as a bacteria, virus, fungus, or protozoa, some of which can cause diseases.

Waxy Cell Wall

A characteristic feature of certain bacteria, providing protection and contributing to their pathogenicity.