On April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are available: The amount of the inventory loss is estimated to be
A) $96,000.
B) $48,000.
C) $120,000.
D) $80,000.

Question

On April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are available:  The amount of the inventory loss is estimated to be
A) $96,000. 
B) $48,000. 
C) $120,000. 
D) $80,000.

Quizplus · Accepted Answer

The Answer of On April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are available:  The amount of the inventory loss is estimated to be
A) $96,000. 
B) $48,000. 
C) $120,000. 
D) $80,000.

On April 15 of the Current Year, a Fire Destroyed