Opening stock ₹ 30000; Sales ₹ 96000; Carriage Inwards ₹ 6000, Sales Returns ₹ 6000; Gross Profit ₹ 36000, Purchases ₹ 60000; Purchases Returns ₹ 5400.
Calculate Cost of goods Sold and Closing stock.
(with a picture of working etc-)

Make Trading Account for finding Closing stock

(roughly)

Opening Stock - 30,000 Sales 96,000

Purchases 60,000 (-)Returns (6,000) 90,000

(-) Returns (5,400 ) → 54,600

Carriage Inwards 6,000 , Closing stock 36,600

Gross profit 36,000

————— ————

1,26,600 1,26,600

—————— —————

Cost of Goods Sold = Opening stock + Purchases - Purchases returns + Direct Expenses - Closing Stock

= 30,000 + 60,000 - 5,400 + + 6,000 - 36,600

= 30,000 + 54,600 + 6,000 - 36,600

= 54,000

Cost of goods sold » ₹ 54,000

d. automatic stabilizers.

explanation:

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.