Answer:
The correct solution is "$26,000".
Explanation:
The given values are:
Cost
= $1,750,000
Salvage value
= $150,000
First Year Extraction
= 6,500
Total Extraction
= 400,000
Now,
⇒ 
On putting the values, we get
⇒ = 
⇒ = 
⇒ =
($)
Based on the fact that Wreckorp wants to maintain an exclusivity image and limits its distribution to 100 stores in each region, it is Impossible to determine legality based on the information provided.
<h3>Are Wreckorp's actions legal?</h3>
It is not possible to know if Wreckorp's actions are legal or illegal because the information provided does not give the full facts.
The actions of Wreckorp may be legal if no region is being disadvantaged but it could be illegal if this is the case. More information is therefore needed.
Options for this question are:
- Strictly illegal
- Impossible to determine legality based on the information provided
- Strictly Legal
Find out more on the legality of business actions at brainly.com/question/4556120.
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Answer:
The correct answer is A.
Explanation:
Giving the following information:
The retail value of the inventory is $478,000. The ratio of cost to retail price is 60%. What is the amount of inventory to be reported on the financial statements?
Inventory= 478,000*0.60= $286,800