Fancy flooring inc. began the current month with inventory costing $25,000, then purchased inventory at a cost of $180,000. the perpetual inventory system indicates that inventory costing $120,000 was sold during the month for $140,000. if an inventory count shows that inventory costing $90,000 is actually on hand at month-end, what amount of shrinkage occurred during the month?

On september 12, ryan company sold merchandise in the amount of $5,800 to johnson company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. ryan uses the periodic inventory system and the net method of accounting for sales. on september 14, johnson returns some of the non-defective merchandise, which is restored to inventory. the selling price of the returned merchandise is $500 and the cost of the merchandise returned is $350. the entry or entries that ryan must make on september 14 is (are): multiple choice sales returns and allowances 490 accounts receivable 490 merchandise inventory 350 cost of goods sold 350 sales returns and allowances 490 accounts receivable 490 sales returns and allowances 500 accounts receivable 500 sales returns and allowances 490 accounts receivable 490 merchandise inventory 343 cost of goods sold 343 sales returns and allowances 350 accounts receivable 350

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Which of the following has the largest impact on opportunity cost