Social responsibility is the set of obligations an organization undertakes to protect and enhance the society in which it functions

Rodriguez, Inc

had the following balances and transactions during 2017, from January 1 to December 31: Beginning Merchandise Inventory 300 units at $80 March 10 Sold 150 units June 10 Purchased 600 units at $82 October 30 Sold 450 units What would be reported for Ending Merchandise Inventory on the balance sheet at December 31, 2017 if the perpetual inventory system and the weighted-average inventory costing method are used? (Round unit costs to two decimal places and total costs to nearest dollar.) A) $24,480 B) $12,000 C) $24,000 D) $36,000

Which of the following figures is needed to calculate inventory turnover?

A) annual cost of sales B) number of levels in the distribution channel C) slotting allowance fees D) number of product returns E) number of stockouts