It is a stock. C. The answer is stock
The statement is true. The costs attached to the products that have not been sold are included in ending inventory on the balance sheet.
The ending Inventory formula calculates about the value of goods available for sale at the end of an accounting period. Usually, it is used recorded in the balance sheet at a lower cost or the market value. It is also Known as Closing Stock. It includes the products getting processed or are being produced but not sold. The ending inventory figure is recorded under the assets column in a company's balance sheet. The value of the asset reflects about the current cost of goods held for sale in the future periods.
Learn more about Ending inventory
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Answer:
d. a letter to a customer denying a request for credit.
Explanation:
Routine messages are part of a business' daily operations; It communicates the what, who, where and when elements of operations. They are usually simple and positive requests for information or action by one person to another, daily meeting with coworkers, new updates and instructions as well as replies to customers. Among the choices given, a letter to a customer denying a request for credit is not part of it.
Answer: C
A pierce of corporate veil
Explanation:
A business is expected to have a separate body that is distinct from that of its owner or owners. In the above scenario, Tony does not take the business as a separate entity and as such he can be charged for piercing the corporate veil of O.K. Oil Corporation on the following grounds.
Failure to maintain the separate identities of the companies.
Failure to maintain separate identities of the company and its owners or shareholders.
Its people add to the value of its resources by making it inimitable
