On december 31 of the current year, plunkett company reported an ending inventory balance of $217,000. the following additional information is also available: • plunkett sold and shipped goods costing $38,400 to savannah enterprises on december 28 with shipping terms of fob shipping point. the goods were not included in the ending inventory amount of $217,000.• plunkett purchased goods costing $44,400 on december 29. the goods were shipped fob destination and were received by plunkett on january 2 of the following year. the shipment was a rush order that was supposed to arrive by december 31. these goods were included in the ending inventory balance of $217,000.• plunkett's ending inventory balance of $217,000 included $15,400 of goods being held on consignment from carole company. (plunkett company is the consignee.)• plunkett's ending inventory balance of $217,000 did not include goods costing $95,400 that were shipped to plunkett on december 27 with shipping terms of fob destination and were still in transit at year-end. based on the above information, the amount that plunkett should report in ending inventory on december 31 is:

Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.