On december 31, year 1, a publicly traded entity identified a tax position that will result in a $100,000 tax benefit that qualifies for measurement and should be recognized. the entity has considered the amounts and possible outcomes of the position being sustained upon examination as follows: possible individual cumulative estimated probability of probability of outcome occurring occurring
$100,000 20% 20%
$30,000 35% 55%
$10,000 45% 100% 100%
what amount should be recognized as the tax benefit as of december 31, year 1?
a.$0
b.$10,000
c.$30,000
d.$100,000

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?