Which of the following CANNOT be provided by a tool?

At the beginning of the year, Delight Company had 100 units in its inventory at $50 each. On January 17, the company purchased 100 units for $60 each and at the end of the month sold 150 units for $95 each. During March, the company made two purchases of 200 units and 300 units for $70 and $80 each respectively. In the month of April, the company sold 450 units for $105 each. If the company is applying averaging, what would be the amount of ending inventory?

a. $7,000 b. $5,000 c. $8,000 d. $6,000 e. $6,500

In a Chapter 7 bankruptcy, a trustee must be appointed

Indicate whether the statement is true or false