G The objective for managing inventory is to . A. reduce the time taken to process inventory into finished goods and increase sales B. improve the average collection period without affecting the sales C. make payment for the inventory as slowly as possible without losing suppliers D. turn over inventory as quickly as possible without losing sales from stockouts

On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?