Beginning inventory, purchases, and sales for an inventory item are as follows: Sept. 1 Beginning Inventory 21 units $13 5 Sale 12 units 17 Purchase 23 units $15 30 Sale 22 units Assuming a perpetual inventory system and the first-in, first-out method, determine (a) the cost of the merchandise sold for the September 30 sale and (b) the inventory on September 30. a. Cost of merchandise sold $fill in the blank 1 b. Inventory, September 30 $fill in the blank 2

What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees

Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)