Exercise 9-22 incorrect answer. your answer is incorrect. try again. the records of ellen’s boutique report the following data for the month of april. sales revenue $99,000 purchases (at cost) $48,000 sales returns 2,000 purchases (at sales price) 88,000 markups 10,000 purchase returns (at cost) 2,000 markup cancellations 1,500 purchase returns (at sales price) 3,000 markdowns 9,300 beginning inventory (at cost) 30,000 markdown cancellations 2,800 beginning inventory (at sales price) 46,500 freight on purchases 2,400 compute the ending inventory by the conventional retail inventory method. (round ratios for computational purposes to 0 decimal places, e. g. 78% and final answer to 0 decimal places, e. g. 28,987.)

When marietta chooses to only purchase a combination of goods that lie within her budget line, she: is decreasing utility. is maximizing utility. likely has negative savings. must reduce the quantity?

Wanda has graduated from community university (cu) and after nine months has failed to find a job. she graduated with a degree in business, and her college was aacsb accredited. (aacsb accreditation is a specialized accreditation for business schools that evidences a quality program.) in her complaint, she alleges that four years of school and tuition should guarantee a job in the field of study and states that she wants her money back. at no time did cu guarantee job placement, either through express or implied statements. wanda does not disagree with this but still thinks that she was wronged and that it is unfair to graduate and not get a job automatically. cu will be successful in extinguishing wanda's lawsuit if its attorney files a

Your aunt is thinking about opening a hardware store. she estimates that it would cost $300,000 per year to rent the location and buy the stock. in addition, she would have to quit her $45,000 per year job as an accountant. a. define opportunity cost. b. what is your aunt's opportunity cost of running a hardware store for a year? if your aunt thought she could sell $350,000 worth of merchandise in a year, should she open the store? explain.