Answer:
The correct answer is letter "A": reporting inventory at the lower of cost or market.
Explanation:
Accounting Conservatism is a doctrine that involves the implementation of accounting laws with a high degree of verification. Accountants practicing conservatism must support approaches that are the most favorable in the company's income statement. If the accountant has two choices to choose from when faced with an accounting problem, the one that produces lower numbers should be chosen.
<em>When it comes to inventory valuation, accounting conservatism states that the lower historical or market cost must be selected while recording the information in the company's ledgers.</em>
Answer:
$1,930.74
Explanation:
John's paycheck will be the diffidence between the gross income and deductions,
I.e., Paycheck = gross income - deductions
= $2,823. 08 - $892.34
= $1,930.74
Answer:
Research partnership
Explanation:
The Research partnership is the partnership which can be designed for the particular new technology development. In this, the reasearchers and the stakeholders would be worked together in a research project that represent the important part of the research. In addition to this, the established company would give the financial capital & other resoruces also the startip would be able to contribute the technological expertise.
Therefore the above represent the answer
Answer:
$11,000
Explanation:
The basis an investment refers to the asset's original value which is adjusted for capital distributions, stock slits, and dividends.
The J.D.'s basis in his Clampett, Inc. stock after all transactions in 2020 can therefore be computed by adjusting the original basis as follows:
Basis after all the 2020 transactions = Original basis or 1 Jan. 2020 basis + Allocated income - Distribution = $48,000 + $12,000 - $49,000 = $11,000
Therefore, .D.'s basis in his Clampett, Inc., stock after all transactions in 2020 is $11,000.
A SWOT analysis looks at both internal and external factors that help or hurt your company's operations.The following four categories of factors are the primary focus of this strategy:Strengths: Your business model's best features and most persuasive selling points
The Greek letter epsilon stands for which of the following: profit cost, error elasticity, or
The quantity decrease proportional to a small price increase is known as the elasticity of demand and is typically denoted by the Greek letter epsilon.The elasticity of demand is one minus the percentage change in total revenue caused by a 1% price change.
In-store displays are one of the most prevalent types of trade sales promotion.The fact that it establishes a personal connection with your potential customers makes this the obvious choice for increasing sales.Displays in stores are a great way to promote a product by making it easy for customers to see and buy it.
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