Tamarisk Inc. uses a perpetual inventory system. At January 1, 2020, inventory was $211,116,400 at both cost and realizable value. At December 31, 2020, the inventory was $280,907,700 at cost and $263,724,500 at realizable value. Prepare the necessary December 31 entry under (a) the cost-of-goods-sold method (b) Loss method

True of false: the chancellor of a university has commissioned a team to collect data on students' gpas and the amount of time they spend bar hopping every week (measured in minutes). he wants to know if imposing much tougher regulations on all campus bars to make it more difficult for students to spend time in any campus bar will have a significant impact on general students' gpas. his team should use a t test on the slope of the population regression.