Inventory and purchases are used to determine the last journal entry under the periodic method.
<h3>What is a Journal?</h3>
This is defined as a detailed account that records all the financial transactions of a business.
This is however done so as to be used for future reconciling of official accounting records. The periodic method has the Inventory and purchases as determinants in last journal entry of the accounting period.
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The answer choice which is true that Roger enjoys an absolute advantage in the production of skateboards
<h3>What is absolute advantage?</h3>
Absolute advantage can be defined as the ability of a party to produce a good or service more efficiently than its competitors.
In conclusion, Roger enjoys an absolute advantage in the production of skateboards
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C. It begins with 3/8 and 1/3, and we need to make it 5/8 and 2/3, and the one that does that is C.
Maritime transportation became less important to developed countries
in the 1950s, planes became a more popular mode of transportation, so traveling by sea was not as popular to developed countries