You receive a phone call from an attorney stating that a long-lost relative has passed away and has left you a small inheritance based on her formal will. You have been named the executor. Based on what you learned in the module, what does it mean to have a formal will? What are the responsibilities of the executor, and what could happen if someone does not have a will? (Flvs)

Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?

Assume that (i) setups need to be completed first; (ii) a setup can only start once the batch has arrived at the resource, and (iii) all flow units of a batch need to be processed at a resource before any of the units of the batch can be moved to the next resource. process step 1 molding 2 painting 3 dressing setup time 15 min. 30 min. no setup processing time 0.25 min./unit 0.15 min./unit 0.30 min./unit which batch size would minimize inventory without decreasing the process capacity?

Rich is researching for an economics paper on the history of exchange rates between the us and great britain. the best choice for rich to use is