Which of the Following Is the Correct Formula to Calculate

question 87

Multiple Choice

Which of the following is the correct formula to calculate average merchandise inventory?

• A) Average merchandise inventory = (Beginning merchandise inventory - Ending merchandise inventory) / 2
• B) Average merchandise inventory = (Beginning merchandise inventory × Ending merchandise inventory) / 2
• C) Average merchandise inventory = (Beginning merchandise inventory / Ending merchandise inventory) / 2
• D) Average merchandise inventory = (Beginning merchandise inventory + Ending merchandise inventory) / 2

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Definitions:

Theme Park

A large outdoor area designed with themed attractions, rides, and entertainment venues for visitors' enjoyment.

Global Brands

Brands that are recognized and have a significant presence in multiple countries across the world, often leveraging similar marketing strategies across different markets.

Marketing Strategies

Comprehensive plans formulated to achieve specific marketing goals, such as increasing brand awareness, targeting new customers, or entering new markets.

Beverage Company

A business entity that specializes in the production and distribution of drinks, including both alcoholic and non-alcoholic products.