for those of you on e2020 the answer is D: Overall confidence in the economy. :)
A strong stock market is primarily dependent on overall confidence in the economy, as this leads to more investment. While speculation and buying on margin can impact stock prices, they can also lead to market instability. Consumer credit purchasing can also indicate consumer financial instability.
A strong stock market lies in the overall confidence in the economy (option D). This is because when investors are confident about the economy's health, they are more likely to invest more, leading to a stronger and healthier stock market. Speculating investors (option A) and buying on margin (option B) may temporarily cause stock prices to rise, but they can also lead to bubble markets and ultimately market crashes. Most consumers buying on credit (option C) could actually weaken the stock market because it may signify that consumers are not in a strong financial position.
#SPJ6
b) $21,000.
c) $20,000.
d) $18,000.
e) $27,000.
Answer:
c) $20,000.
Explanation:
The computation of the estimated ending inventory is shown below:
We know that
Cost of goods sold = Beginning inventory + purchase made - ending inventory
And, the
Sales - gross profit = Cost of goods sold
$100,000 - $100,000 × 30% = Cost of goods sold
So, cost of goods sold would be
= $100,000 - $30,000
= $70,000
Now the ending inventory would be
$70,000 = $18,000 + $72,000 - ending inventory
$70,000 = $90,000 - ending inventory
So, the ending inventory would be
= $90,000 - $70,000
= $20,000
Based on 30% gross profit ratio, the estimated end inventory for the Big Box Store for the second quarter is $20,000, after accounting for cost of goods sold from the total available inventory.
The Big Box Store operates at a 30% Gross Profit Margin, implying 70% of the sales are accounted as Cost of Goods Sold (COGS). Therefore, the COGS for the second quarter would be $100,000*0.7 = $70,000.
The initial inventory at the beginning of the quarter was $18,000 and $72,000 amount of inventory was purchased during the quarter. So total available inventory is $18,000 + $72,000 = $90,000.
If we subtract the COGS from total available inventory that gives us the estimated ending inventory. That is $90,000 - $70,000 = $20,000. Therefore the estimated ending inventory from Box Store will be $20,000.
#SPJ3
b. inferences.
c. variables.
d. hypotheses.
c. Membership in ASHI
b. Construction experience
d. Engineering experience