Answer:
$440,140
Explanation:
According to the accounting principle, the inventory should be valued at lower of cost or market value. The calculation is shown below:
Cost Market Lower value
Small $68,650 $56,490 $56,490
Medium $283,710 $237,140 $237,140
Large $146,510 $177,300 $146,510
Total $440,140
Hence, the ending inventory would be valued at $440,140
If you encounter a team member expressing anger over a change, how should you respond an emphasis on calm, professional manner in dealing with it
How angry does the person get over the matters or issues?
When a person expresses anger out of proportion to small or insignificant matters that seem to be the cause, there’s usually something more involved in the situation. Listen carefully to the person. Try to assess the person’s assumptions and identify the patterns and interactions that are producing the excessive response. Your tone ought to be calm but not patronizing toward the person who is angry ?
Dealing with Anger in the Workplace :
Managing anger requires not only a reactive approach to bad behavior, but also a proactive one. In other words, to prevent anger from occurring in the first place, your workplace should set a standard regarding people’s behavior and how the business will handle it.
Learn more about anger issues in workplace ?
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Answer:
The answer is: Depends on what is considered entertainment, it can vary from $0 to $300.
Explanation:
You can deduct ordinary and necessary expenses from your business income.
Ordinary expenses are expenses commonly paid by other taxpayers in your same industry.
Necessary expenses considers things that you need to pay in order to do business.
Some expenses can only be deducted partially even if they are ordinary and necessary, like having meals with your clients. If Olga took the clients to dinner she can deduct up to 50% of what she paid for the meal ($600 x 50% = $300)
With the introduction of the 2017 Tax Reform Law entertainment expenses (e.g. theater tickets) are no longer deductible expenses. So if Olga took her clients to a concert, then she can't deduct any amount of money.