Reeves City uses the consumption method to account for supplies. At the beginning of the year, the city had $50,000 of supplies on hand. During the year, the city purchased $750,000 of supplies. The city used $500,000 of those supplies during the year. At fiscal year end the appropriate account balances related to supplies expenditures and supplies inventory would be

John has served as the chief operating officer (coo) for business graphics, inc., a publicly owned firm, the past 5 years. which of the following statements about john is correct? both john and the ceo of business graphics must certify to the sec that the firm's financial statements are accurate. as the coo, john will be ranked higher than the ceo but still below the cfo. in john's postition as the coo, it is highly unlikely that he would also be the chairperson of the board of directors. as the coo, john would typically be involved with accounting, finance, and asset purchase decisions.