The December 31, 2021, year-end inventory balance of the Raymond Corporation is $214,000. You have been asked to review the following transactions to determine if they have been correctly recorded. Goods shipped to Raymond f. o.b. destination on December 26, 2021, were received on January 2, 2022. The invoice cost of $32,000 is included in the preliminary inventory balance.
At year-end, Raymond held $16,000 of merchandise on consignment from the Harrison Company. This merchandise is included in the preliminary inventory balance.
On December 29, merchandise costing $6,200 was shipped to a customer f. o.b. shipping point and arrived at the customer’s location on January 3, 2022. The merchandise is not included in the preliminary inventory balance.
At year-end, Raymond had merchandise costing $17,000 on consignment with the Joclyn Corporation. The merchandise is not included in the preliminary inventory balance.

Required:
Determine the correct inventory amount to be reported in Raymond’s 2021 balance sheet.

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?