Acompany purchased inventory for $ 2 comma 000 from a vendor on account, fob shipping point, with terms of 2/10, n/30. the company paid the shipper $ 200 cash for freight in. the company then returned damaged goods worth $ 400. the invoice was then paid eight days after the invoice date. assuming that there was no beginning inventory balance, the cost of inventory would be (assume a perpetual inventory system.)

Inventory would be 1, 768

Explanation:

2,000  goods

 +200  freight-in (A)

  -400  returned goods

    -32 discount (B)

1, 768 net amount for inventory

Notes:

(A) The freight-in will be included in the inventory, as is a cost needed to have the inventory in the company's possession and be ready to use or sell.

(B) goods x discount rate

net goods 2,000 - 4,00 return = 1,600

discount for payment within 10 days 2%

Discount on purchase: 1,600 x 2% = 32

there's 11 people for the 1st position. then, no matter who gets it, there's only 10 left for the second, and then 9 left for the third. 11 x 10 x 9 = 990.   the answer is there are 990 different ways the positions can be filled by these applicants

answer; strategic planning;