In this diagram, which statement could be an example for the direction labeled "N"? A bakery purchases a computer to keep track of payroll.
Your friend obtains a loan to start a computer repair shop.
A computer repair shop sells refurbished computers locally.
The government donates used computers to small businesses.

At the end of the fiscal year, apha airlines has an outstanding non-cancellable purchase commitment for the purchase of 1 million gallons of jet fuel at a price of $4.10 per gallon for delivery during the coming summer. the company prices its inventory at the lower of cost or market. if the market price for jet fuel at the end of the year is $4.50, how would this situation be reflected in the annual financial statements?