Smith-kline company maintains inventory records at selling prices as well as at cost. for 2021, the records indicate the following data: ($ in 000s) cost retail beginning inventory $ 76 $ 121 purchases 667 1,002 freight-in on purchases 26 purchase returns 1 2 net markups 3 net markdowns 7 net sales 912 required: 1. use the retail method to approximate cost of ending inventory valued under average cost method.

Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.