1points time remaining 34 minutes 46 seconds00: 34: 46 item 2item 2 1 points time remaining 34 minutes 46 seconds00: 34: 46 in 20x2, the robinson company switched its inventory method from fifo to average cost. inventories at the end of 20x1 were reported in the balance sheet at $22 million. if the average cost method had been used, 20x1 ending inventory would have been $20 million. the company's tax rate is 25%. the adjustment to 20x2’s beginning retained earnings would be:

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?

Rahm's credit card issuer calculates interest based on the outstanding balance at the end of the last billing period. what is this method of calculating interest on a credit card called?