Rainy Day Umbrellas takes inventory quarterly. Beginning inventory for the year was $18,200 . Inventory at the end of the first quarter was $15,400 . at the end of the second quarter, $13,600 . at the end of the third quarter, $17,500 . and at the end of the year, $19,300 . Compute the average inventory for Rainy Day Umbrellas


$16,800

Business

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The five major environmental forces in a marketing decision are

A. corporate ownership, internal management, supplier partnerships, strategic alliances, and customer relationships. B. climate change, natural resources, pollution, natural disasters, and global conflict (war). C. product, price, promotion, place, and people. D. social, technological, economic, competitive, and regulatory. E. ethics, sustainability, cultural awareness, diversity, and values.

Business

Which one of the following statements is true?

a. Good cash management practices dictate that a company should maintain as large a balance as possible in its cash account. b. Sound internal control practice dictates that disbursements should be made by check. c. The person handling the cash should also prepare the bank reconciliation. d. Petty cash can be substituted for a checking account to expedite the payment of all disbursements.

Business

Maywood Company recently signed a $350,000, six-month note on August 22, 2019. The interest rate is 7%. How much interest will be due at maturity?

A) $10,208 B) $24,500 C) $12,250 D) $8167

Business

The higher the score for each of the characteristics of the job characteristics model

a. The more positive are employees’ psychological states and outcomes b. The more feedback is needed to accomplish a task c. The more job characteristics are needed to accomplish the tasks d. The more negative are the employees’ psychological states and outcomes

Business