Beginning inventory plus net purchases equals merchandise available for sale.

Answer the following statement true (T) or false (F)


True

Business

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Susqua, Inc. has held-to-maturity debt securities it purchased in 2018. At December 31, 2019, Susqua, Inc. reported a $120,000 impairment loss related to these securities. During 2020, the debtor was successful in registering a new patent which improved the debtor's operating outlook. This change of events resulted in a reversal of $45,000 of the impairment loss. At December 31, 2020, the fair value of the debt securities had increased by $68,000 over the impaired value previously recorded. Susqua, Inc. uses IFRS for its external reporting. How much, if any, of this reversal can Susqua, Inc. report in its income for 2020?

A. $120,000. B. $68,000. C. $45,000. D. $ - 0 -

Business

Distinguish the difference between management and leadership

What will be an ideal response?

Business

A disadvantage of the "few suppliers" sourcing strategy is:

A) the risk of not being ready for technological change. B) the lack of cost savings for customers and suppliers. C) possible violations of the Sherman Antitrust Act. D) the high cost of changing partners. E) the suppliers are less likely to understand the broad objectives of the procuring firm and the end customer.

Business

The shortest time an activity can be completed assuming a reasonable level of resources best defines

A) activation. B) response time. C) crash time. D) task reduction.

Business