Eneri company's inventory records show the following data: eneri inventory purchases inventory purchases units cost/unit january 1 10,000 $9.20 june 18 9,000 $8.00 november 8 6,000 $7.00 a physical inventory on december 31 shows 4,000 units on hand. eneri sells the units for $13 each. the company has an effective tax rate of 20%. eneri uses the periodic inventory method. what is the difference in taxes if lifo rather than fifo is used?

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.

Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?