Last month a manufacturing company had the following operating results: beginning finished goods inventory - $84,000; ending fin
ished goods inventory - $71,000; sales - $505,000; gross margin - $63,000.What was the cost of goods manufactured for the month?A) $429,000.B) $492,000.C) $442,000.D) $455,000.
The situation exposed in the question above is an example of brainstorming, which can be defined as a group dynamics technique where there is the generation of ideas for a given project.
This activity is developed with the main objective of exploring the creative and innovative capacity of an individual or a group, stimulating the team's creativity, collecting ideas and the maximum amount of information, visions and possibilities in order to achieve a determined objective.
A corporation just requires a basic incorporation state, through which the legal identity of its incorporation is created. After that it does not require to incorporate in all the states where the business is being conducted.
As per the law, there shall be at-least a different legal identity then that of the individual to conduct such business. Law does not demand separate incorporation.
