Below is a series of cost of goods sold sections for companies b, m, o, and s. fill in the lettered blanks to complete the cost of goods sold sections. b m o s beginning inventory $ 375 $ 180 $ 1,050 $enter a dollar amount (j) purchases 4,050 1,620 enter a dollar amount (g) 65,385 purchase returns and allowances 120 enter a dollar amount (d) 435 enter a dollar amount (k) net purchases enter a dollar amount (a) 1,560 11,115 63,435 freight-in 195 enter a dollar amount (e) enter a dollar amount (h) 3,360 cost of goods purchased enter a dollar amount (b) 1,845 12,075 enter a dollar amount (l) cost of goods available for sale 2,700 2,025 enter a dollar amount (i) 74,295 ending inventory 465 enter a dollar amount (f) 1,725 9,345 cost of goods sold enter a dollar amount (c) 1,845 11,400 64,950

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

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