On january 1, year 7, poe company adopted the dollar-value lifo inventory method. poe’s entire inventory constitutes a single pool. inventory data for year 7 and year 8 are as follows: inventory inventory relevant at current- at base- price date year cost year cost index 01/01/yr 7 $150,000 $150,000 1.00 12/31/yr 7 220,000 200,000 1.10 12/31/yr 8 276,000 230,000 1.20 poe’s dollar-value lifo inventory at december 31, year 8, is

Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?