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Answer:
$747,000
Explanation:
Calculation to determine What amount of inventory should Arendelle report on its balance sheet as of December 31
December 31 Inventory $667,000
Add Second shipment f.o.b. shipping point of $80,000
December 31 Inventory $747,000
($667,000+$80,000)
Therefore What amount of inventory should Arendelle report on its balance sheet as of December 31 is $747,000
<u>Answer</u>:
Incomplete question. However, I inferred you want to know more about the Five forces Model created by Michael E. Porter and about the conducting entrepreneurial feasibility study.
<u>Explanation</u>:
Note that the main focus of Poter's model is to help someone analysing a market know how much competition will exist in and the chances of realizing a profit. The five forces to be analyzed are:
- The threat of substitutes,
- the threat of new entrants,
- competitive rivalry
- bargaining power of buyers and
- bargaining power of customers.
Thus, conducting an entrepreneurial feasibility study would involve a careful cross-examination of the factors mentioned above.
I’m confused myself to so I’m not really sure ?!