In year 1, cobb adopted the dollar-value lifo inventory method. at that time, cobb’s ending inventory had a base-year cost and an end-of-year cost of $300,000. in year 2, the ending inventory had a $400,000 base-year cost and a $440,000 end-of-year cost. what dollar-value lifo inventory cost would be reported in cobb’s december 31, year 2, balance sheet?

Trinity coatings company uses the indirect method to prepare its statement of cash flows. refer to the following information for 2018: the beginning balance in the cash account was $ 3 comma 000. net cash provided by operating activities: $ 42 comma 000 net cash used for investing activities: $(26 comma 500) net cash provided by financing activities: $ 1 comma 700 the statement of cash flows will show

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

If you were running a company, what are at least two things you could do to improve its productivity.