Bill Gates (1955-), is a well-known American entrepreneur, investor. Gates launched Microsoft and has been on the Forbes since 1987. He was born and raised in Seattle, Washington and still currently lives in Seattle.
Answer:
Historically, an initial public offering, or IPO, has referred to the first time a company
Explanation:
Answer:
The year-end inventory in units = 27,400
Explanation:
total units in warehouse = 24,000
damaged units = 3,400
Purchased units = 2,400
consigned units = 4,400
The year-end inventory is calculated as follows:
Year-end inventory = total units in warehouse - damaged units + purchase units + consigned units
= 24,000 - 3,400 + 2,400 + 4,400 = 27,400 units.
<em>Please note </em>
<em>1. using Free on Board (FOB) shipping point agreement, the buyer claims ownership of the goods the moment it is shipped from the seller's shipping point, and is recorded as inventory even before it arrives at the buyer's receiving point.</em>
<em>2. consigned goods are goods that are part of inventory, but is located with a different distributor other than the owner of the goods.</em>
Answer:
C. Leroy and the manufacturer have joint title
