Answer:
The amount should Metlock report as its December 31 inventory is $286,500.
Explanation:
Ending inventory = Phusical count + goods purchased in transit FOB shipping + cost of goods sold in transit FOB destination
= 230000 + 32000+ 24500
= $286,500
Therefore, The amount should Metlock report as its December 31 inventory is $286,500.
Increase the price to make more money to be able to afford oil.
Answer: Sole Proprietership
Explanation:
A Sole proprietership offers the best chance of decision making because decisions are made by one person, the owner.
Whereas:
A Corporation is a company and a company's decisions are made by mainly the chief executive Officer together many other board members hence there is no chance for quick decision making in a company since a lot of people have to approve of the decision.
A general and limited partnership consists of 2 or more owners hence a lot of people are involved in making the decision.
Answer:
the principal-agent problem
Explanation:
In the case when there is a tied of the top corporate managers salary with the price of the corporation stock so here the corporation should avoid the principal agent problem as it deals with the conflict with respect to the priorities that lies between the person and the representative.
So the above should be the answer