Question;DQ;1 Merchandising Operations;From Chapter 5, Ethical Issue 5-1. Complete all parts of the case and respond;to at least two of your classmates? postings.;Dobbs Wholesale Antiques;makes all sales under terms of FOB shipping point. The company usually ships;inventory to customers approximately one week after receiving the order. For;orders received late in December, Kathy Dobbs, the owner, decides when to ship;the goods. If profits are already at an acceptable level, Dobbs delays shipment;until January. If profits for the current year are lagging behind expectations;Dobbs ships the goods during December.;Requirements;Under Dobbs? FOB policy, when should the;company record a sale?Do you approve or disapprove;of Dobbs? manner of deciding when to ship goods to customers and record the sales;revenue? If you approve, give your;reason. If you disapprove, identify a;better way to decide when to ship goods.;DQ 2 Merchandise;Inventory;Merchandise Inventory.;Describe the inventory;valuation methods FIFO and LIFO.;Which items are included in;ending inventory under each method?
Paper#41899 | Written in 18-Jul-2015Price : $19