What would zambrano report as total retained
Assume Eddie Zambrano Corp. restricted retained earnings in the amount of $70,000 on December 31, 2014. After this action, what would Zambrano report as total retained earnings in its December 31, 2014, balance sheet?
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What is the average dollar value of inventory based upon ordering using the EOQ? What is the total annual cost (Purchase Cost + Ordering Cost + Holding Cost) based upon using the EOQ?
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