Symington Corporation uses the periodic inventory system. At December 31, 2009, the end of the company's fiscal year, a physical count of inventory revealed an ending inventory balance of $320,000. The following items were not included in the physical count:.
Goods held on consignment at Murphy Corporation$23,000 Merchandise shipped to a customer on 12/30 f. o.b. destination (merchandise arrived at customer's location on 1/3/10) 12,000 Merchandise shipped to a customer on 12/29 f. o.b. shipping point (merchandise arrived at customer's location on 1/2/10) 6,000 Merchandise purchased from a supplier, shipped f. o.b. destination on 12/29, in transit at year-end 24,000 Symington's 2009 ending inventory should be:.
A) $379,000
B) $320,000
C) $332,000
D) $355,000
D) $355,000

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage

Why has the free enterprise system been modified to include some government intervention?

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times