At december 31, 2017, sunrise company’s inventory records indicated a balance of $752,000. upon further investigation it was determined that this amount included the following: • $112,000 in inventory purchases made by sunrise shipped from the seller december 27, 2016 terms fob destination, but not due to be received until january 2, 2017 • $74,000 in goods sold by sunrise with terms fob destination on december 27. the goods are not expected to reach their destination until january 6, 2017 • $6,000 of goods received on consignment from wallwood company what is sunrise’s correct ending inventory balance at december 31, 2017? a. $640,000 b. $634,000 c. $560,000 d. $746,000

Which of the following accurately describes a surplus? a. consumer demand for a certain car is below the number of cars that are produced. b. the production costs for a certain car are below the sale price of that car. c. a reduction in the cost of steel enables a car company to reduce the sale price of its cars. d. a car company tries to charge too high a price for a car and has to reduce the price. 2b2t

The law of demand is the assertion that ?

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?