The following information relates to the manufacturing operations of the jnr printing company for the year: beginning ending raw materials inventory $ 55,000 $ 58,000 finished goods 66,000 58,000 the raw materials used in manufacturing during the year totaled $116,000. raw materials purchased during the year amount to:

$119,000

Explanation:

Given that,

                                           Beginning         Ending

Raw materials inventory = $ 55,000       $ 58,000

              Finished goods = $66,000        $58,000

Raw materials used in manufacturing during the year = $116,000

Raw materials purchased during the year:

= Ending Raw materials + Raw materials used  - beginning raw material

= $ 58,000 + $116,000 - $ 55,000

= $119,000

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being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.