Lutex Corporation began its accounting period with a merchandise ...

[joe]

Lutex Corporation began its accounting period with a merchandise inventory (beginning inventory) that cost 10,000. During the period, it purchased for resale merchandise with a retail value of 100,000. With purchase discounts, it paid only 80,000 for this merchandise. Thus, during this period, Lutex had ____ in goods available for sale.
 A) 180,000
  B) 70,000
  C) 80,000
  D) 90,000
  E) 190,000

Question 2

Theory Y is most suitable in a work situation in which workers are
 A) in need of close supervision.
  B) just beginning to learn their jobs.
  C) highly motivated.
  D) unskilled.
  E) none of the above.

[l.stuut]

Answer to Question 1

D

Answer to Question 2

C

[joe]

Excellent

[samiel-sayed]

Thanks for the timely response, appreciate it