BC Training reports sales revenue of $2,700,000. Average inventory during the year was $120,000. The inventory turnover ratio for the year is 8.0. What amount of gross profit would the company report in its income statement

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed

answerthe united states of america;