Business, 25.02.2020 20:47 jamesmith20
Ray started out with one small print shop. his business has grown so much that he now has two other branches across town. ray has found that having three locations has greatly increased his production levels. he also notices that the price he pays for supplies (paper, ink, and packaging materials) has gone down considerably since he can now buy these items in bulk quantities. this exemplifies the principle known as:.a. empowerment. b. unity of command. c. bureaucracy. d. economies of scale.
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Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
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Ray started out with one small print shop. his business has grown so much that he now has two other...
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