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motikmotik
3 years ago
14

Consider the following information pertaining to OldWest's inventory:

Business
1 answer:
kipiarov [429]3 years ago
4 0

Answer:

$2,664

Explanation:

Generally Acceptable Accounting Principles requires that the closing inventory should be valued at lower of cost and Net realizable value.

Product     Quantity    Total Cost     Total Net Realizable Value

Revolvers      13           $126              $155

Spurs             22          $32               $27

Hats               9            $58               $48

Choosing Which one is lower for each product

Product     Quantity    Rate        Total Value

Revolvers      13           $126              $1,638

Spurs             22          $27               $ 594

Hats               9            $48               $432

Total Closing Inventory Value = $1,638 + $594 + $432 = $2664

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Answer:

The correct answer is letter "D": face morale and motivation problems.

Explanation:

A high degree of formalization will result in reduced creativity as workers are told to behave in a specific way. In such organizations, strategic decision-making often happens only when there is a problem. A highly formalized structure is usually related to reduced motivation and morale issues among employees.

8 0
3 years ago
Which of the scenarios best reflects the meaning of the term inflation targeting? a) In anticipation of the upcoming election, t
zvonat [6]

Answer:

b) A central bank is expected to achieve a 3% annual inflation rate

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Inflation targeting is a type of monetary policy where the central bank of a country sets an inflation rate as its goal or target.

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3 years ago
Richard wants to buy additional stock in Rancor Mobil, but the price of the stock has fluctuated in recent days. He wants to mak
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Limit order.

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Limit order in the L2 module :

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- when another liquidity provider is used, the order is executed as a market order when the requested price is met and with the provider first to quote that price.

- in case of a partial execution of a limit order in the L2 module, the remaining amount constitutes a new limit order, valid until executed or cancelled.

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valentina_108 [34]
<span>Salary is the correct answer. </span>
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3 years ago
It is likely that John chooses this oil company because of their ___ services
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it is likely that John chooses this oil company because of their good services

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