Analyzing an Inventory Footnote Disclosure General Electric Company reports the following footnote in its 10-K report. December 31 (in millions)20052004 Raw materials and work in process$ 5,527$ 5,042 Finished goods5,1524,806 Unbilled shipments333402 11,01210,250 Less revaluation to LIFO(697)(661) $ 10,315$ 9,589 The company reports its inventories using the LIFO inventory costing method. (a) What is the balance in inventories reported on GE's 2005 balance sheet

When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?

Which (if any) of the following scenarios is the result of a natural monopoly? instructions: you may select more than one answer. a. patent holders of genetically modified seeds are permitted to sue farmers who save seeds from one planting season to the next. b. doctors in the united states are prohibited from practicing without a medical license. c. there is one train operator with service from baltimore to philadelphia. d. coal is used as the primary energy in a country with abundant coal deposits.

Anew joint command and control system is being developed to meet the strategic information needs of all the military services. the air force is the lead service, but the army and navy have different points of view about what functions the system should perform. which one of the software acquisition best practices would be most relevant in managing this issue as the program office undertakes system development?