BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A wholesaler had beginning inventory of 683 blenders on February 1. A total of 1, 340 blenders were added to stock in February. Stock shipments of blenders were, Feb. 5, 280; Feb. 13, 459; Feb. 19, 580; and Feb. 26, 387. What was the ending inventory?
A
1706
B
317
C
366
Explanation: 

Detailed explanation-1: -9:30–9:40 a.m. Stocks that open higher or lower than they closed typically continue rising or falling for the first five to 10 minutes… 9:40–10:00 a.m. … before reversing course for the next 20 minutes-unless the overnight news was especially significant.

Detailed explanation-2: -T’ is the transaction date. The abbreviations T+1, T+2, and T+3 refer to the settlement dates of security transactions that occur on a transaction date plus one day, plus two days, and plus three days, respectively.

Detailed explanation-3: -February has proved to be another volatile month for the stock market. After a rough 2022 for investors-the stock market’s worst year since 2008-the S&P 500 kicked off this year with a strong start, closing up around 6% at the end of January.

Detailed explanation-4: -What is the price of Apple, Inc. share today in India? Today, on 27th Feb 2023, the price of Apple, Inc. Shares in India is $ 147.41.

There is 1 question to complete.