Ace company's inventory was destroyed by fire. their records show net sales of $90,000, beginning inventory of $20,000, net purchases of $75,000 and a gross profit rate of 30%. what is the estimated value of the ending inventory?

$32,000

Explanation:

Gross profit = (sales - cost of sales)/sales

30% = ($90000-Cost of sale)/$90000

cost of sale = $63000

Closing inventory = (opening inventory + purchases) - cost of sale

closing inventory = (20000 + 75000) - 63000

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

hello the answer is d