A department store has budgeted sales of 12,600 men's suits in September. Management wants to have 6,600 suits in inventory at the end of the month to prepare for the winter season. Beginning inventory for September is expected to be 4,600 suits. What is the dollar amount of the purchase of suits if each suit has a cost of $81.

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Based on what you learned about time management which of these statements are true