Which of the following relationships is NOT​ valid? A. When marginal cost is above average variable​ cost, AVC is rising. B. Rising marginal cost implies that average total cost is also rising. C. When marginal cost is below average total​ cost, the latter is falling. D. None of the above

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?