Retail Company Reported the Following Amounts on Its 20B Income

question 61

Multiple Choice

Retail Company reported the following amounts on its 20B income statement: Purchases,$45,000; Beginning 20B inventory,$15,000; and Cost of goods sold,$50,000.What was the 20B ending inventory?

• A)$10,000
• B)$25,000
• C)$26,000
• D)$27,000

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Definitions:

Public Health Nursing

The practice of promoting and protecting the health of populations through knowledge of nursing, social, and public health sciences.

Community Health Nursing

A branch of nursing focused on promoting and protecting the health of populations in community settings rather than individual patient care.

Population Needs

Refers to the general requirements of a particular population, including healthcare, nutrition, education, and safety services necessary for optimal health and well-being.

Political Processes

The mechanisms, methods, and dynamics through which political decisions are made and how power and influence are exercised and contested.