Answer:
The answer is $215,000
Explanation:
Cost of goods sold equal:
Opening/beginning inventory plus purchases minus closing/ending inventory
To find beginning inventory at January 1, 2018, lets rearrange the formula:
Cost of goods sold minus plus purchases plus closing/ending inventory.
Cost of sales is $470,000
Purchases is $415,000
Ending inventory is $160,000
Therefore, beginning inventory at January 1, 2018 is
$470,000 - $415,000 + $160,000
=$215,000
The term you're looking for is meritocracy.
The second deal focused on social welfare to ease the problem brought by the great depression. The goals were: social securities for retirement, employment for those who are unemployed; health services, housing for illegal settlers and improvement on national resources.
If the decision making forced to minor level employees, and these employees feel legitimized to make decisions on their own, an organization has a decentralized structure. Decentralized is a type of organizational structure in which regularly application and decision-making.
Internal stakeholders are entities within a business (eg. employees, managers, the board of directors, investors). External stakeholders are entities not within a business itself but who are about or are affected by its performance. (eg. consumers, regulators, investors, suppliers)
