BeActive Sporting Goods Sells Tandem Bicycles

question 49

Multiple Choice

BeActive Sporting Goods sells tandem bicycles. The following data was taken from the most recent quarterly sales forecast.
BeActive's cost for one bicycle is $125. How many units should the company purchase in May?

• A) 1478
• B) 1672
• C) 1575
• D) 1562

Learn the principles and impact of brainstorming and nominal group methods on creativity.

Understand organizational strategies to encourage creativity.

Recognize the difference between various creativity-enhancing methodologies.

Understand the stages of the creative process according to Graham Wallas and other theorists.

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Definitions:

Perpetual Inventory System

An accounting system that continuously records the quantities and values of inventory on hand and sold, updating records in real-time.

Discount

A reduction from the usual cost of something, often provided to incentivize purchases or payments.

Merchandise Purchased

Goods acquired for resale by a company during an accounting period, intended to be sold to customers in the ordinary course of business.

Perpetual Inventory System

A perpetual inventory system continuously updates inventory records, including purchases and sales, ensuring real-time tracking of inventory levels.