Decker company has five products in its inventory. information about the december 31, 2018, inventory follows. product quantity unitcost unitsellingpricea 1,000 $ 10 $ 16b 800 15 18c 600 3 8d 200 7 6e 600 14 13the cost to sell for each product consists of a 15 percent sales commission. required: 1. determine the carrying value of inventory at december 31, 2018, assuming the lower of cost or net realizable value (lcnrv) rule is applied to individual products.2a. determine the carrying value of inventory at december 31, 2018, assuming the lcnrv rule is applied to the entire inventory.2b. assuming the inventory write-downs are usual business practice for decker, record any necessary year-end adjusting entry.

The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline. b. the debt ratio increases. c. the profit margin declines. d. the times-interest-earned ratio declines. e. the current and quick ratios both increase.