Hardy company is a wholesale electronics distributor. on december 31, 2008, it prepared the following partial income statement: gross sales p600,400 sales discounts 400 net sales p600,000 cost of goods sold: beginning inventory p200,000 net purchases 300,000 given this information, if hardy company's gross margin is 30 percent of net sales, what is the correct ending inventory balance? a. p80,000 b. p120,000 c. p180,000 d. p500,000

Edna gomez is the founder of the restaurant chain good and green. she ensures that the products in her stores are ethically and responsibly sourced. most products are therefore 100 percent organic and all packaging is manufactured from recycled material. also, her company sources ingredients from farms within 100 miles from her locations. edna's belief is that her restaurants should be able to support the community at large. which of the following terms best describes edna gomez? a. headhunter b. category captain c. social entrepreneur d. trade creditor