Jeannie schedules a meeting with her sales colleagues scattered across the country. She needs to be cost effective and time sensitive so she sets up a meeting online where all can see and hear each other in order for the sales figures to be worked through as a team. This is an example of which type of business communication?

A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $64; second purchase $76; third purchase $68. If the company sold two units for a total of $200 and used FIFO costing, the gross profit for the period would be

A. $56 B. $60 C. $62 D. $68

KidCo bought forward contracts on 20,000 bushels of corn at $1.65 per bushel. Corporate tax rates are 35.00%. Revenue is $100,000 and other costs are $60,000. Spot prices on corn are $1.75 per bushel. Calculate the after-tax net income

A) $7,000 loss B) $7,000 gain C) $4,550 loss D) $4,550 gain