Campbell Corporation uses the retail method to value its inventory. The following information is available for the year 2018: Cost Retail Merchandise inventory, January 1, 2018 $ 210,000 $ 282,000 Purchases 650,000 856,000 Freight-in 10,000 Net markups 22,000 Net markdowns 4,200 Net sales 820,000 Required: Determine the December 31, 2018, inventory by applying the conventional retail method.

Since people in rural areas are far away from most city-like areas, they need a way to manage their money and save their money.  People in poor communities might not have cars or many banks in their area due to low finance and far away jobs, so they need a way to save money.  Mobile banking helps in inclusive growth via financial inclusion. Today, in this digital era, mobile and internet facilities are available to rural people. So people can access banking facilities without visiting a branch.

Explanation: