Use the Information Below to Answer the Following Question(s)

question 62

Multiple Choice

Use the information below to answer the following question(s) .The following information pertains to Payton's Shoe Manufacturing:
99,500 pairs of shoes are sold during the year for $18.
-What is the amount of Payton's ending finished goods inventory?

• A)$99,500
• B)$8,000
• C)$5,000
• D)$500
• E)$0

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Definitions:

Learned

Acquired knowledge or skills through experience, study, or being taught.

Secondary Drive

A learned motivation derived from the fulfillment of a primary drive or through its association with primary drives, such as money for food.

Great Wealth

An abundance of valuable financial assets or physical possessions which surpasses the norm or average.

Achievement

The successful accomplishment of a task or goal, often recognized by some form of reward or acknowledgment.