For each of the independent situations described below select the appropriate in of the inherent risk factor on the company's net income using the following: Situation In Sales orders for a textbook distributor have increased 100% over the last a. year. Additionally, the company's inventory turnover has doubled since the previous year. Gold Miner Inc. has gold mines in a number of states. To hedge the price of b. its gold inventory, Gold Miner purchases gold futures contracts. The fair value of gold has declined significantly in the last few months. Metal Inc. supplies copper pipes to home builders. During year 1, copper c. prices doubled. At any given time, a significant amount of inventory is in transit or located at job sites. Joe's Computers provides three-year money-back warranties on all laptops. d. During year 1, warranty claims decreased significantly and the company has not reduced the warranty reserve. e. Global Co. imports most of its products from a foreign supplier. During year 1, a new technology made part of the Global Co. inventory obsolete