Herc co.’s inventory at december 31, year 1, was $1.5 million based on a physical count priced at cost, and before any necessary adjustment for the following: merchandise costing $90,000 was shipped fob shipping point from a vendor on december 30, year 1, and was received and recorded on january 5, year 2. goods in the shipping area were excluded from inventory although shipment was not made until january 4, year 2. the goods, billed to the customer fob shipping point on december 30, year 1, had a cost of $120,000. what amount should herc report as inventory in its december 31, year 1, balance sheet? a. $1,500,000
b. $1,590,000
c. $1,620,000
d. $1,710,000

The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise