A Merchandiser Uses a Perpetual Inventory System

question 21

Multiple Choice

A merchandiser uses a perpetual inventory system.The beginning Owner,Capital balance of the merchandiser was $120,000.During the year,Sales Revenue amounted to $80,000,Cost of Goods Sold was $45,000,and all other expenses totaled $12,000.Owner withdrawals were $27,000.There were no new capital contributions during the year.The ending balance of Owner,Capital would be ________.

• A) $143,000
• B) $116,000
• C) $170,000
• D) $120,000

Appreciate the relevance and application of teams in diverse organizational settings, including Fortune 500 companies and nonprofit organizations.

Comprehend the significance of training and the development of transactive memory in promoting team effectiveness.

Recognize the impact of team diversity on performance and perception in organizational environments.

Grasp the theoretical foundations relating to teams, such as the I-P-O model, organizational trust, and systems theory.