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If the Estimated Rate of Gross Profit Is 30%,what Is

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If the estimated rate of gross profit is 30%,what is the estimated cost of the merchandise inventory on September 30,based on the following data?
If the estimated rate of gross profit is 30%,what is the estimated cost of the merchandise inventory on September 30,based on the following data?   A) $320,000 B) $192,500 C) $275,000 D) $105,000


Definitions:

Fixed-interval Scheduling

A type of operant conditioning reinforcement schedule where rewards are given after a fixed time period, causing a scalloped pattern of response rates.

Discrimination

refers to the unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Respondent Behavior

Automatic responses triggered by specific stimuli without conscious decision, such as reflexes.

Biological Need

A biological need is a physiological requirement that organisms must meet to maintain health, such as food, water, and shelter.

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