Everyday wear retail had the following balances and transactions during 2018: beginning inventory 15 units at $71 june 10 purchased 30 units at $85 december 30 sold 20 units december 31 replacement cost $66 the company maintains its records of inventory on a perpetual basis using the first-in, first-out inventory costing method. calculate the amount of ending merchandise inventory on december 31, 2018 using the lower-of-cost-or-market rule.

When selecting stock, some financial experts recommend to look at the opening price go with what you know examine the day’s range, earnings per share, and p/e ratio divide the dividend by the asking price

After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.

Your project team’s recommendations to increase productivity have been approved and your team is now working on an implementation plan. in order to accomplish the plan, several subject matter experts from various parts of the organization have been brought in to assist. you have noticed friction and conflict among team members. some of the disagreement and opposition on your team supports the achievement of team goals and objectives. this type of conflict can be described as: