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nikdorinn [45]
2 years ago
11

The ______ method of valuing inventory was developed to avoid reporting inventory at an amount that is ______ than the benefits

it can provide.
Business
2 answers:
MissTica2 years ago
7 0

Answer:

The lower of cost and NRV method of valuing inventory was developed to avoid reporting inventory at an amount that is greater than the benefits it can provide.

dimaraw [331]2 years ago
4 0

Answer:

1.lower of cost and NRV

2. greater

Explanation:

Quizlet(.com)/283081110/chapter-6-flash-cards/

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How many employees does a walmart have at one specific location?
grigory [225]
Well from the looks of it, like 3


No thats a joke, on average Walmart has 20-50 employees on location at once
7 0
3 years ago
g announced that it plans to cut its dividend from $2.50 to $1.50 per share (next year) and use the extra funds to expand its op
mote1985 [20]

Answer:

The value of the Share of Zeke after the new Expansion is $25.

Explanation:

As there was no growth in the dividend before change, Price of the share from a stable dividend payment can be calculated by following formula.

Price  = Dividend / Required rate of return

As we have the share price and the dividend amount we need to calculate the required rate of return.

Required rate of return = Dividend / Price

Placing value in the formula

Required rate of return = $2.50 / $25.00 = 0.1 = 10%

After New Expansion

Dividend = $1.50

Growth rate = 4%

The share price can be calculated by the dividend growth formula, as follow

Price of share = Dividend / (Rate of return - growth rate)

Price of share = $1.50 / (10% - 4%)

Price of share = $1.50 / 6%

Price of share = $25

7 0
3 years ago
In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and
kumpel [21]

Answer:

Relationships; Competition.

Explanation:

In today's business environment, firms that truly focus on customers must instill a corporate culture that places customers and other stakeholders at the top of the organizational hierarchy. when this occurs, the firm shifts its focus from transactions to <u>relationships</u>, and from <u>competitions</u> to collaboration.

Customer are considered to be king in the current open market condition, where seller are trying every bit to attract more and more customer. When a firm possesses capabilities that allow it to serve customers' needs better than the competition, the firm is said to have competitive advantage, however, this lead to shift of focus from transaction to relation building with customer to gain profit in long run and it does not focus only on competition but look for collaboration with customer to gain competitive advantage for future.

4 0
3 years ago
Labracorp is looking to hire an unknown number of workers. jim wants to be one of those workers. what information would labracor
lys-0071 [83]
<span>The answer is if Jim's marginal revenue is greater than his marginal cost.
Marginal revenue refers to the value that will Jim give to the company if the company decided to employ Jim. (how much profit he will create for the company)
The marginal cost on the other hand refers to the value that company must sacrifice in order to keep him working (the salary and benefit)</span>
6 0
3 years ago
Read 2 more answers
When a company records depreciation it debits:_____.
Svetlanka [38]

Answer: A. Depreciation Expense and credits a contra-asset account.

Explanation:

Depreciation is an expense which means that when it is incurred, it will be debited because expenses are debited to show that they have increased.

Depreciation reduces the value of an asset so the asset needs to be credited which is what is done when an asset reduces. The full entry would therefore involved a debit to the Depreciation account and a credit to the asset account that is being depreciated.

4 0
3 years ago
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