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snowicefox17 snowicefox17
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5 years ago

Question 1.

The difference between the stock of inventories at the end of a specific period and the stock at the beginning of that period is equal to



▸ production plus sales.

▸ production.

▸ production minus sales.

▸ sales.

Question 2.

At the beginning of 2017, the Absorbo Company has 10,000 sponges in stock. During 2017, the company produces 200,000 sponges and sells 160,000 sponges. The Absorbo Company's stock of inventory at the end of 2017 is ________ sponges.



▸ 25,000

▸ 30,000

▸ 40,000

▸ 50,000
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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nick1116nick1116
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5 years ago
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snowicefox17 Author
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5 years ago
Thanks for your help!!
IvanaVR
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Yesterday
Smart ... Thanks!
elizabetheldrid
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2 hours ago
Helped a lot
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