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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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Alfonza Incorporated presents its statement of cash flows using the indirect method. The following accounts and corresponding ba
Murrr4er [49]

Answer:

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $25,400

Adjustment made:

Add: Decrease in accounts receivable $5,000 ($20,000 - $15,000)

Less: Decrease in accounts payable -$450 ($8,750 - $9,200)

Total of Adjustments $4,550

Net Cash flow from Operating activities            $29,950

6 0
3 years ago
If an economy is producing efficiently, then A. there is no way to produce more of one good without producing less of another go
lys-0071 [83]

Answer:

the correct answer is A. There is no way to produce more of one good without producing less of another good.

Explanation:

In Economy, there is two principal variables, the goods and the resources to produce that goods. The term Efficient means the best way to produce one o more goods using less resources, it means that in teory, more resources you use, more goods you produce, but the resources are limited and they are distributed proportionally to produce in the most efficient way all the goods in an economy. So in order to produce more from one good, is necessary to take resources out from another productions, and doing so, the production of the second good will be diminished.

6 0
4 years ago
LO 3.5If a firm has a contribution margin of $78,090 and a net income of $13,700 for the current month, what is their degree of
kati45 [8]

Answer:

5.7

Explanation:

The contribution margin characterizes the marginal profit per unit of sales. The indicator is useful in various calculations, and can be used as a measure of operational leverage. As a rule, low values of the indicator are characteristic in labor-intensive sectors, high - in capital-intensive industry.

We have these data:

-contribution margin (CM) : $78,090

-net income (NI) :$13,700

-the degree of  operating leverage (DoL) : ?

DoL=CM/NI= 78090/13700=5.7

6 0
4 years ago
Bob, after going on a week-long alcohol binge, has not had anything to drink in the last 24 hours. he states there are rats runn
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Delirium and hallucinations caused by alcohol withdrawal.

3 0
3 years ago
A goal of monetary policy and fiscal policy is to
ioda

Answer:

B. Offset shifts in aggregate demand and thereby stabilize the economy.

Explanation:

Firstly about Fiscal Policy:

-Monitoring and influence of government to national economy by adjusting its spending levels and tax rates

-Based on the Keynesian economics which opines that the increasing or decreasing taxes or the same about public spending will impact significantly on the economy of the country.

-Fiscal Policy is the regulator of the inflation rate (2%-3% is normal for every economy) and in turn, this increase the rate of employment

Secondly about Monetary Policy:

- In most countries, central banks or central boards take the actions of plan about controlling process of the money in the country or money supplying estimations.

-Monetary policy is the management of money supply or the interest rates

-Monetary policy is the controlling of inflation, consumption, growth and liquidity of money

The mutual goals of these policies aim to establish and construct the perfect economic environment with the stable and positive growth of economy and, stable and low inflation rates. Moreover, the aim is the elimination of booms or fluctuations on the economy and to keep it stable as possible as.

8 0
3 years ago
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