California Inc

question 2

Multiple Choice

California Inc., through no fault of its own, lost an entire plant due to an earthquake on May 1, 2018. In preparing its insurance claim on the inventory loss, the company developed the following data: Inventory January 1, 2018, $300,000; sales and purchases from January 1, 2018, to May 1, 2018, $1,300,000 and $875,000, respectively. California consistently reports a 40% gross profit. The estimated inventory on May 1, 2018, is:

• A) $302,500.
• B) $360,000.
• C) $395,000.
• D) $455,000.

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Definitions:

Tradigital Marketing

The integration of traditional marketing strategies with digital or online methods to create more effective marketing campaigns.

Participation Marketing

A strategy that involves consumers actively in the marketing process, creating engagement through direct interaction with the brand or product.

Push Marketing

Push Marketing is a strategy where products or services are presented directly to potential customers through various channels, such as sales force activities, trade shows, or direct advertising, in order to stimulate demand.

User-Generated Content (UGC)

Content created and shared by end-users on online platforms, often reflective of their experiences, opinions, or creative expressions.