Mosher, Inc ad the following balances and transactions during 2017:
Beginning Merchandise Inventory as of January 1, 2017 100 units at $82
March 10 Sold 70 units
June 10 Purchased 200 units at $85
October 30 Sold 170 units
What would be reported for Ending Merchandise Inventory on the balance sheet at December 31, 2017 if the perpetual inventory system and the first-in, first-out inventory costing method are used?
A) $5,740
B) $17,000
C) $5,100
D) $8,200
C .Ending Merchandise Inventory = $25,200 - $20,100 = $5,100
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Companies striving for global market leadership pursue strategic alliances or collaborative partnerships with foreign companies in order to:
a. revamp the global industry value chain, raise needed financial capital from foreign banks, and wage price wars against foreign competitors. b. exercise better control over efforts to revamp the global industry value chain and combat the bargaining power of foreign suppliers. c. exercise better control over efforts to revamp the global industry value chain, insulate a company from the impact of the five competitive forces, and use the brand names of their partners to make sales to foreign buyers. d. increase the bargaining power of foreign suppliers and help defend against the competitive threat of substitute products produced by foreign rivals. e. get into critical country markets quickly, gain inside knowledge about unfamiliar markets and cultures, and access valuable skills and competencies that are concentrated in particular geographic locations.
Discuss why only presenting data that supports a recommendation, when negative data might be relevant, is considered unethical
What will be an ideal response?