is the idea that a specific type of effort will create increasingly effective results up until a certain point, when it will then cause smaller and smaller increases in results. A. The division of labor

B. Outsourcing

C. The law of diminishing returns

D. Globalization

As a result of a thorough physical inventory, waterway company determined that it had inventory worth $320200 at december 31, 2020. this count did not take into consideration the following facts: walker consignment currently has goods worth $47400 on its sales floor that belong to waterway but are being sold on consignment by walker. the selling price of these goods is $75900. waterway purchased $21900 of goods that were shipped on december 27, fob destination, that will be received by waterway on january 3. determine the correct amount of inventory that waterway should report.