Ideally;
Inventory = Cost of raw materials + Cost of finished goods + Cost of work-in-progress
Assuming this ideal case, Harlan's inventory would be;
Inventory = $14,000+$25,000+$18,600 = $57,600
However, if work-in-progress inventory was listed as $0;
Then, the  new work-in-progress would be;
Inventory = 57,600-18,600 = $39,000
This would reduce the inventory for Harlan Enterprises which may affect other financial ratios such as inventory turn-over ratio. As a result, such ratios will not reflect the exact position of the company.
        
             
        
        
        
Answer: Brand alignment
Explanation:
  The brand alignment is one of the simplest way of development the new products and the services and also makes the marketing strategies more effective in an organization. 
 According to the given text, the practices are basically promoting the different types of opportunities for the purpose of career progress and also the brand alignment. 
 The main importance of the brand alignment is that we can easily represent our company brand to the client and also provide the internal consistent in the market.    
  Therefore, Brand alignment is the correct answer. 
 
        
             
        
        
        
Answer:
The journal entry which is to be reported on January 1 is shown below:
Explanation:
The journal entry which is to be reported on January 1 for the issuance is as:
On January 1
Cash A/c............................Dr  $600,000
     Notes Payable A/c..........Cr  $600,000
Being the issuance as well as proceeds of the note is recorded
On January 1, the company issues as well as proceeds the note, so, the cash account is debited as the cash is increasing and any increase in asset is debited. Therefore, the cash account is debited. And the note will become payable, which lead to increase in liability and any increase in liability is credited. So, the notes payable is credited 
 
        
             
        
        
        
The question that corporate strategy helps managers understand is where should firm compete?
<h3>What is corporate strategy?</h3>
It should be noted that corporate strategy simply means a unique plan that helps a firm gain competitive advantage over others.
In this case, the question that corporate strategy helps managers understand is where should firm compete? This is important for the growth of the firm.
Learn more about strategies on:
brainly.com/question/24553900
 
        
             
        
        
        
Answer:
Accumulated Depreciation as on  31st December 2017 is 2448
Explanation:
Depreciation using straightline method=<u>Cost of equipment-salvagevalue</u>
                                                                            useful life of the asset
Depreciation =<u> 12,240-0</u>
                             5years
Depreciation on 31st December 2017 = $2448
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