Determine which of the following statements are correct regarding the difference between physical flow and the cost flow of goods

a. Perishable items must have an actual physical flow of FIFO
b. A business may adopt any cost flow assumption when accounting for perishable items
c. Cost flow is an assumption about which goods/times are sold
d. Physical flow is focused on the actual movement of goods

The leading producer of cell phone backup batteries, jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive. even so, another company that produces lower-quality batteries at the same price has also achieved some success, but not as much as jumpstart. also, in general, the price of backup batteries has declined because of economies of scale and learning. in addition, jumpstart has added complementary assets, such as a carrying case. considering all of these factors, the backup battery industry is most likely in the introduction stage. growth stage. shakeout stage. maturity stage.

Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?

What is the relationship between credit and debt?