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:

Creativity

The ability to produce original and valuable ideas or solutions.

Writing Skills

The ability to express ideas and thoughts clearly and effectively in written form.

Intuition

Intuition involves understanding or knowing something immediately without the need for conscious reasoning, often referred to as a "gut feeling".

Algorithms

Step-by-step procedures or sets of rules followed in calculations or problem-solving operations, particularly by computers.