On october 6, 2018, the elgin corporation signed a purchase commitment to purchase inventory for $81,000 on or before march 31, 2019. the company's fiscal year-end is december 31. the contract was exercised on march 21, 2019, and the inventory was purchased for cash at the contract price. on the purchase date of march 21, the market price of the inventory was $61,000. the market price of the inventory on december 31, 2018, was $70,000. the company uses a perpetual inventory system.
1. prepare the necessary adjusting journal entry (if any is required) on december 31, 2018
2. prepare the journal entry to record the purchase on march 21, 2019

Nellie lumpkin, who suffered from dementia, was admitted to the picayune convalescent center, a nursing home. because of her mental condition, her daughter, beverly mcdaniel, signed the admissions agreement. it included a clause requiring the par- ties to submit any dispute to arbitration. after lumpkin left the center two years later, she filed a suit against picayune to recover damages for mistreatment and malpractice. [covenant health & rehabilitation of picayune, lp v. lumpkin, 23 so.2d 1092 (miss. app. 2009)] (see page 91.) 1. is it ethical for this dispute—involving negligent medical care, not a breach of a commercial contract—to be forced into arbitration? why or why not? discuss whether medical facilities should be able to impose arbitration when there is generally no bargaining over such terms.

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.

To : of $25 up to 35 2 35 up to 45 5 45 up to 55 7 55 up to 65 20 65 up to 75 16 is$25 up to $35 ?