Steve has a new job as a data warehouse specialist. he has attended formal classes at the local university and informal classes provided by his employer in order to learn the skills required by his new job. steve also has learned job skills by performing them during the workday. steve has experienced a(n)

Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries

Sole proprietorships produce more goods and services than does any other form of business organization.

Acompany that uses the periodic inventory system provided the following information: 1. beginning inventory $ 5 comma 0002. purchases $ 150 comma 0003. purchase discounts $ 2 comma 1004. purchase returns and allowances $ 1 comma 000at the end of the period, the physical count of inventory reveals that $ 16 comma 000 worth of inventory is on hand. what is the amount of cost of goods sold?