Best Deals, Inc. has 13 units in ending merchandise inventory on December 31. The units were purchased in November for $155 each. The price lists from suppliers indicate the current replacement cost of the item to be $161 each What would be the amount reported as Merchandise Inventory on the balance sheet?

Tony was a lawyer who practised in Ottawa and he stole a total of $6,200,000 from over 80 of his clients. Based on what happens in most cases where lawyers are caught stealing from their clients, which of the following statements is TRUE?

A) Tony will probably serve many years in jail for his actions B) the Law Society can permanently prevent him from practising law again C) the Law Society has to report Tony's illegal actions to the police D) most of Tony's clients will pursue criminal charges against him and sue him in civil court as well E) all of the above are true

List and explain five benefits that performance evaluations provide management

What will be an ideal response?