Laker company reported the following january purchases and sales data for its only product. date activities units acquired at cost units sold at retail jan. 1 beginning inventory 145 units @ $ 7.00 = $ 1,015 jan. 10 sales 105 units @ $ 16.00 jan. 20 purchase 70 units @ $ 6.00 = 420 jan. 25 sales 85 units @ $ 16.00 jan. 30 purchase 190 units @ $ 5.50 = 1,045 totals 405 units $ 2,480 190 units the company uses a perpetual inventory system. for specific identification, ending inventory consists of 215 units, where 190 are from the january 30 purchase, 5 are from the january 20 purchase, and 20 are from beginning inventory. exercise 5-4 perpetual: income effects of inventory methods lo a1 required: 1. complete comparative income statements for the month of january for laker company for the four inventory methods. assume expenses are $1,300, and that the applicable income tax rate is 40%. (round your intermediate calculations to 2 decimal places.)

Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept,the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year.to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51

1. what are some of the barriers alibaba is facing as it expands globally?