Taking a physical count of inventory question 5 options: a is not necessary when a periodic inventory system is used b should be done near year-end c has no internal control relevance d is not necessary when a perpetual inventory system is used

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?