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Alona [7]
3 years ago
8

Given the acquisition cost of product z is $30, the net realizable value for product z is $27, the normal profit for product z i

s $1, and the market value (replacement cost) for product z is $24, what is the proper per unit inventory value for product z applying lcm?
Business
1 answer:
vitfil [10]3 years ago
5 0
Lcm requires to value inventory at the lower of acquisition cost or net realizable value.

Net realizable value = $27 - $1 = $26
Cost = $30

Therefore, it would be valued at $26
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12-month bank loan in the amount of $45,000 had been obtained by the country club on November 1. Interest is computed at an annu
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Answer:

Debit: $300

Credit: $300

Explanation:

See attached picture for explanation.

7 0
3 years ago
Firm A has earnings-per-share of $3.00. Firm B has earnings-per-share of $2 and a price-per-share of $30. Using the Price/Earnin
stealth61 [152]

Answer:

Company A's price per share is $45

Explanation:

The P/E ratio of one company can be used by investors and analysts to determine the value of another companie's stock in the industry. This is called apples-to-apples comparism.

The P/E ratio is used to value a company by comparing its share price to earnings per share.

P/E ratio= market value of shares/ earnings per share

For company B

P/E ratio= 30/2= $15

Using company B's P/E ratio as a benchmark for company A

15= Price per share /3

Price per share = 15*3= $45

8 0
4 years ago
The ability to produce a wide range of products or service is:
dezoksy [38]

Answer:

a. mix flexibility

Explanation:

Mix flexibility -

It refers to efficiency to produce and maintain various goods and services , is referred to as mix flexibility.

The prediction about the goods and services that would be sold in the specific product line .

The product and options mix as well as aggregate product families need to be predicted.

Hence, the correct term from the given statement of the question , is mix flexibility.

6 0
3 years ago
If Farmer Jane's opportunity cost of producing corn is lower than Farmer John's, she has a(n) ___________ in producing corn.
allochka39001 [22]

Answer:

b. comparative advantage

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

For example, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invest the same amount of resources in a salon business or any other business as the case may be.

In this scenario, Farmer Jane's opportunity cost of producing corn is lower than Farmer John's, therefore, she has a comparative advantage in producing corn.

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

Hence, the comparative advantage gives an individual or country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

5 0
3 years ago
You hire an experienced pet industry executive to consult with you both throughout the process. In your first meeting, she prese
Lisa [10]

The correct answer is B; Specialty store.

Further Explanation:

Since the client hired a pet industry consultant you can guess that the store is about pets. The market analysis and trend report will show how much stores with pet supplies makes per month/year.

The client is opening their first store and will not want to open a superstore right out of the gate. Since they will not be known to many and it is worded like it an individual opening the store by themselves.

A category killer store is a like a franchise or chain store. For example, a Home Depot or PetSmart. The client will not want to do this either since it takes a lot of capital and lengthy process to achieve.

The client will want to go with a specialty store to build up a customer base and focus on the items they want to bring to new customers. A specialty store will bring in the clientele that they are targeting. The specialty store will have items that larger stores do not have and can carry homemade items also.

Learn more about specialty stores at brainly.com/question/11950122

#LearnwithBrainly.

5 0
3 years ago
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