Rose co. sells one product and uses the last-in, first-out method to determine inventory cost. information for the month of january follows: total units unit cost beginning inventory, 1/1 8,000 $8.20 purchases, 1/5 12,000 7.90 sales 10,000 rose has determined that at january 31, the replacement cost of its inventory was $8 per unit, and the net realizable value was $8.80 per unit. rose’s normal profit margin is $1 per unit. rose applies the lower-of-cost-or-market rule to total inventory and records any resulting loss. at january 31, what should be the net carrying amount of rose’s inventory?

a. $79,000

b. $78,000

c. $80,000

d. $81,400

In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage.answers: valuablerareinimitableun-substitutable

An employer who is considering hiring eva has asked donna, eva’s former supervisor, for a report on eva. in truth, eva’s work for donna has been only average. however, eva is donna’s friend, and donna knows that eva probably will not get the job if she says anything negative about eva, and donna knows that eva desperately needs the job. further, donna knows that if the situation were reversed, she would not want eva to mention her deficiencies. nevertheless, it has been donna’s policy to reveal the deficiencies of employees when she has been asked for references by employers, and she knows that some of eva’s faults may be bothersome to this particular employer. finally, this employer has leveled with donna in the past when donna has asked for a report on people who have worked for him. should donna reveal deficiencies in eva’s past performance? (remember to use one of the three moral theories acceptable for this test to solve this dilemma. any discussion of any personal opinion, religious perspective, or theory other than the moral theories acceptable for this test will result in a score of "0" for this question.)

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)