Aquatic equipment corporation decided to switch from the lifo method of costing inventories to the fifo method at thebeginning of 2009. the inventory as reported at the end of 2008 using lifo would have been $60,000 higher using fifo. retained earnings had been reported at the end of 2008 as $780,000 (reflecting the lifo method). the tax rate is 40%.requlred: 1‘ calculate the balance in retained earnings at the time of the change (beginning of 2009) as it would have been reportedif fifo had been used in prior years.2 prepare the journal entry at the beginning of 2009 to record the change in principle.

Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.

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