[The following information applies to the questions displayed below.] Sanchez Company engaged in the following transactions during Year 1: 1) Started the business by issuing $42,000 of common stock for cash. 2) The company paid cash to purchase $26,400 of inventory. 3) The company sold inventory that cost $16,000 for $30,600 cash. 4) Operating expenses incurred and paid during the year, $14,000. Sanchez Company engaged in the following transactions during Year 2: 1) The company paid cash to purchase $35,200 of inventory. 2) The company sold inventory that cost $32,800 for $57,000 cash. 3) Operating expenses incurred and paid during the year, $18,000. Note: Sanchez uses the perpetual inventory system.What is the amount of inventory that will be shown on the balance sheet at
December 31, Year 2?
A. $61,600
B. $28,800
C. $2,400
D. $12,800
Answer: D
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Hence, Sammy's is focusing its marketing efforts on its ________. A) horizontal marketing system B) cost versus benefit system C) consumption system D) marketing channel system E) value delivery system
COBIT (Control Objectives for Information and related Technology) is a generally accepted framework for IT governance in the U.S.
Answer the following statement true (T) or false (F)
What is the ultimate goal of the job characteristics model?
A. To make jobs more challenging B. To reduce discrimination C. To make work more motivational D. To make life more relaxing E. To minimize worker fatigue
Green Belts have:
A) more Six Sigma training than Black Belts but less Six Sigma training than Champions. B) more Six Sigma training than Champions but less Six Sigma training than Team Members. C) more Six Sigma training than Black Belts but less Six Sigma training than Master Black Belts. D) more Six Sigma training than Team Members but less Six Sigma training than Black Belts.