Corporation owns 80 percent of London Corporation's common stock. During October, London sold merchandise to Chang for $155,000. At December 31, 60 percent of this merchandise remains in Chang's inventory. Gross profit percentages were 30 percent for Chang and 40 percent for London. The amount of intra-entity gross profit in inventory at December 31 that should be eliminated in the consolidation process is

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget

Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?