Check my progress performance in last 10 qs hard easy performance in last 10 questions - there are '6' correct answers, '4' wrong answers, '0' skipped answers, '0' partially correct answers about this question question difficulty difficulty 60% 40.7% students got it correct study this topic • record sales under a perpetual inventory system. question number q 5.36: on march 2nd, johnson wholesalers sells $5,200 of goods to alexander incorporated with terms 3/15, n/45. on march 9th, alexander returned $600 (cost of goods sold of $240) to johnson. journalize the entry for johnson if alexander makes payment in full on march 31st.

Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?

Why has the free enterprise system been modified to include some government intervention?

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?