To the Nearest Thousand,estimated Ending Inventory Using the Conventional Retail

question 73

Multiple Choice

To the nearest thousand,estimated ending inventory using the conventional retail method is:

• A)$37,000.
• B)$32,000.
• C)$34,000.
• D)$30,000.

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Definitions:

Deposition

The process by which sediments, soil, and rocks are added to a landform or land mass, often through the action of wind, ice, and water.

Uplift

The process of the Earth's surface rising due to natural geological processes, such as tectonic plate movements.

Crystallize

The process of formation of a solid crystal from a solution, melt, or more rarely from a gas.

Metamorphism

The process by which the composition or structure of rocks is changed by heat and pressure over geological time.