Answer:
The company’s inventory be reported on the balance sheet as $3,150.
Explanation:
GAAP and IFRS requires that the inventory of the company should be recorded as Lower cost and Net realizable value of the inventory.
According to given data
Available Inventory = 210 units
Cost of Inventory = 210 units x $20 = $4,200
Net realizable value is the value of the inventory which can be recovered on the immediate sale. the current market value of the inventory is $15.
So,
Net realizable value is = 2,100 units x $15 = $3,150
As the Net realizable value is lower than the cost of the inventory, $3,150 should be reported as inventory on the balance sheet.
Answer:
The correct answer is letter "B": perform service work without pay.
Explanation:
Service-learning has similar features to <em>volunteer programs, community programs </em>or <em>internships </em>with the difference that service-learning only focuses on learning and the service objectives. It attempts to provide meaningful service through course content where the students must use their critical reflection to complete the tasks assigned. Anybody can be part of service-learning programs considered there is no economic compensation for it.
Answer:
Commercial paper
Explanation:
Commercial paper is a term in business or economics that describes money-market security issued by corporation, which is considered unsecured, so as to obtain funds to meet short-term debt or obligation, such as financing of payroll, and inventories.
It is supported only by issuing bank or company promise to pay the face amount on the maturity date often 270 days or less, as specified on the note.
Hence, COMMERCIAL PAPER is a type of short-term financing that consists of unsecured promissory notes that mature in 270 days or less.
Answer: (B) Polycentric
Explanation:
A polycentric manager is refers to the approach or the method in the global marketing that basically helps the organization for spread about their products and the services among the different countries.
The main objective of the polycentric approach that it helps in managing the different types of operations and services in the business.
According to the given question, maria is the vice president in an organization for the international sales process and she handle all the practices held in their office. Therefore, Maria is refers as a polycentric manger.
Answer:
The "compose" or "draft" option allows you to type a new message.
