Bargain Bins Ltd

question 8

Essay

Bargain Bins Ltd. had a beginning inventory of $20,000 and purchases for the period amounted to $110,000. Merchandise customarily sells at a 25 percent mark-up on cost. Sales revenue for the period was $150,000. Therefore, the ending inventory can be reliably estimated to be $________.

Recognize the importance of personality in team competencies and hiring practices.

Understand the reasons why attitudes are important and how they influence behaviors.

Comprehend the concept of social empathy and its relevance in emotional intelligence.

Acknowledge the relationship between job satisfaction, job performance, and organizational commitment.

---

Definitions:

Service Sector

A segment of the economy that involves providing services rather than producing goods, including sectors like retail, education, healthcare, and financial services.

Productivity

The measure of how efficiently resources, such as labor and capital, are used to produce goods and services.

Knowledge Society

A society in which much of the labour force has migrated from manual work to work based on knowledge.

Manual Work

Physical or labor-intensive tasks performed by humans, not machines or automation.