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2 years ago

when valuing raw materials inventory at lower-of-cost-or-market, what is the meaning of the term market

1 answer:

7 0

when valuing raw materials inventory at lower-of-cost-or-market, what is the meaning of the term market Replacement cost, Net realizable value, or Net realizable value less a normal profit margin.

<h3>What is Replacement cost?</h3>

The cost to replace a critical asset, such as a piece of real estate, an investment security, a lien, or another object, with one of equal or greater worth is referred to as replacement cost.
A replacement cost, which is often referred to as "replacement value," can change depending on a variety of variables, including the cost of preparing assets for use and the market worth of the parts needed to rebuild or repurchase the asset.
Replacement costs are frequently used by insurance companies to calculate the value of an insured item. Accountants, who use depreciation to expense the cost of an asset over its useful life, also regularly employ replacement costs.

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Which interface allows remote management of a layer 2 switch?.

blsea [12.9K]

Answer:

The switch virtual interface

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Switch Virtual interface (SVI) A virtual port on multiplayer (layer 2 & 3) switch that routes traffic from VLANs to other VLANs (inter VLAN routing) a logical interface on a switch that is associated with one VLAN which may used to route between 2 + VLAN's connected to a switch without a router being present

7 0

2 years ago

Cynthia works as a salesperson at an apparel showroom. A week ago, she met a customer who stated that a particular dress was qui

olasank [31]

Answer:

Assumptive close

Explanation:

Discount means cut off price

$\boxed{\sf Discount=Sold\:Price-Cost\!Price}$

Or simply

$\\ \sf\longmapsto Discount=S.P-C.P$

8 0

3 years ago

A homeseller wants to net $75,000. The commission is 9%, the loan payoff is $450,000, and closing costs are $36,000. What must t

gregori [183]

Answer:

The home must sell for $616,500 to be able to settle all costs

Explanation:

The net to the formula can be used to ascertain the price of the property , the formula is given below:

Net amount=Sales price*(100%-commission rate)

The net to the seller in this case is the amount that seller would receive and be able to settle mortgage and closing costs and still be left with $75000

Net amount =$75000+$450000+$36000

=$561000

commission rate is 9%

$561000=sales price*(100-9%)

$561000=sales price*91%

sales price =$561000/91%

=616483.52

But to the nearest $100 is $616500

6 0

3 years ago

Alpha Sounds Corp., an electric guitar retailer, was organized by Michele Kirby, Paul Glenn, and Gretchen Northway. The charter

snow_lady [41]

I just needed some points to figure things out i don’t do anything else

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3 years ago

A company introduced a new low calorie version of one of its popular cold drinks. as a result, the sales of the original cold dr

sashaice [31]

This situation is known as cannibalization. Cannibalization is a marketing strategy that refers to the reduction company's see in there sales volume, revenue or market share of a current product when they release a new product. When a company releases a new product, those who are fans of their other products will likely try the new product instead of the hold which initially brings down the volume they sell and make from the initial product.

4 0

3 years ago