In conversation with the president of widget tek inc., you have learned that much of the company’s inventory consists of older widget tek inc. models. these older models sell for less than the newer widget tek inc. models, but customers strongly prefer the newer models. the company believes that the net realizable value of the older inventory is less than its value in the subsidiary inventory ledger. considering all of the information you have about widget tek inc., answer the following questions. 1. to better account for the older inventory, the president of widget tek inc. wonders whether the inventory should be valued using a different method. do you agree, and why or why not? no, because will . 2. will a change in inventory method increase a company’s net income on its financial statements? . 3. when is inventory not valued at cost? because an average is used, weighted average does not value inventory at cost.

Morris borrowed $9,000 from a credit union at 13% simple interest for 42 months. what were his money installment payments?

Required information [the following information applies to the questions displayed below.] the following data is provided for garcon company and pepper company. garcon company pepper company beginning finished goods inventory $ 13,800 $ 18,850 beginning work in process inventory 16,700 20,700 beginning raw materials inventory 8,800 13,500 rental cost on factory equipment 28,250 26,650 direct labor 22,400 37,400 ending finished goods inventory 17,300 14,300 ending work in process inventory 23,200 19,400 ending raw materials inventory 5,900 9,600 factory utilities 11,250 15,000 factory supplies used 10,900 5,700 general and administrative expenses 32,500 44,500 indirect labor 2,500 9,880 repairs—factory equipment 4,820 2,150 raw materials purchases 41,500 63,000 selling expenses 54,800 49,000 sales 238,530 317,510 cash 33,000 23,700 factory equipment, net 222,500 124,825 accounts receivable, net 13,400 23,950 required: 1. complete the table to find the cost of goods manufactured for both garcon company and pepper company for the year ended december 31, 2017. 2. complete the table to calculate the cost of goods sold for both garcon company and pepper company for the year ended december 31, 2017.

The director of the federal trade commission (ftc) bureau of consumer protection warned that the agency would bring enforcement action against small businesses that select one: a. failed to inform the public about network failures in a timely manner b. failed to transmit sensitive data c. did not report security breaches to law enforcement d. lacked adequate policies and procedures to protect consumer data.