Author Question: During the year Comer, Inc, had 200,000 in goods available for sale. At the end of the accounting ... (Read 106 times)

Coya19@aol.com · **on:** Jul 14, 2018

During the year Comer, Inc, had 200,000 in goods available for sale. At the end of the accounting period it had an ending inventory of 40,000. The cost of goods sold by Comer was therefore
A) 200,000.
B) 160,000.
C) 40,000.
D) 20,000.
E) 10,000.

Question 2

At Redbone Co, employees are slowly evaluated and promoted, but they stay around until retirement. Groups make decisions and take responsibility for their decisions. Company control is informal, and everyone is concerned with the general well-being of the other employees. Employees do whatever the company needs at the time rather than following a specific job track. The environment at Redbone Co most closely aligns with
A) Theory A.
B) type J firms.
C) Theory X.
D) Theory Y.
E) type A firms.