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kodGreya [7K]
3 years ago
10

LYZ sells product P for $40 per unit. The cost of one unit of P is $36, and the replacement cost is $35. The estimated cost to d

ispose of a unit is $8, and the normal profit is 40%. At what amount per unit should product P be reported, applying lower-of-cost-or-market?a. $16.b. $32.c. $35.d. $36.
Business
1 answer:
Aleks04 [339]3 years ago
3 0

Answer:

B. $32

Explanation:

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Which of the following is recommended when paying a credit card bill?
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Answer:

D

Explanation:

To get it out of your way

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3 years ago
O.B. shipping point means
FinnZ [79.3K]
<span>i believe the answer is
D. Both A and C </span>
6 0
3 years ago
Select the four challenges facing ebusiness.
AlekseyPX

Answer:

Adhering to taxation rules, Ensuring consumer protection, Identifying limited market segments,  Managing consumer trust

Explanation:

E Business is a business having major or all of its transactions, on internet medium. Eg : E Commerce (Online shopping) businesses, Online educational courses businesses.

Audio Podcasting & Video-Conferencing are not E Businesses challenges. As these are their expertise areas, being an online business. Also, the user flexibility they offer is inherent USP of online businesses. Similar is the case for content management systems.

However, lacking physical existence in markets, face to face interaction with customers : They face challenges like - identifying limited market segments, consumer trust & consumer protection. Also, all their variant transactions (with different tax slabs) being online, the return policies - might make taxation rule adherance also a potential challenge for them.

4 0
3 years ago
Parent Inc. purchased 30% of the common stock of Affiliate Co. on January 1, YR01 for $5,000 and appropriately accounted for thi
blondinia [14]

Answer:

net cash from investing activities = -$4,940

operating and financing activities are not affected.

Explanation:

the journal entries should be:

January 1, socks purchased

Dr Investment in Affiliate 5,000

    <u>Cr Cash 5,000</u>

December 31, dividends received

<u>Dr Cash 60</u>

    Cr Investment in Affiliate 60

December 31, Affiliate reports net income

Dr Investment in Affiliate 300

    Cr Revenue from investing activities 300

Only the cash flow from investing activities will be affected by Parent's investing in Affiliate. Since the company uses the equity method, the operating and financing cash flows are not affected.

The cash flow from investing activities will:

  • Decrease by $5,000 due to the purchase of stocks.
  • Increase by $60 due to the dividends received.
  • net cash from investing activities = -$4,940

4 0
3 years ago
Consider a country that is operating under a system of flexible exchange rates. If the central bank in this country imposes an e
UNO [17]

Answer:

i a depreciation of its currency;

Explanation:

A flexible exchange rate is when exchange rate is determined by the forces of demand and supply.

an expansionary monetary policy is a policy where the monetary authorities increase the money supply in the economy.

If exchange rate is flexible and an expansionary monetary policy is carried out, the supply of money would exceed its demand.  as a result, the value of money would fall. this is known as depreciation

3 0
2 years ago
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