Whispering Company took a physical inventory on December 31 and determined that goods costing $203,300 were on hand. Not included in the physical count were $27,220 of goods purchased from Pelzer Corporation, f. o.b. shipping point, and $24,490 of goods sold to Alvarez Company for $28,760, f. o.b. destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Whispering report as its December 31 inventory

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times