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atroni [7]
3 years ago
6

Carla Vista Inc. has the following information related to an item in its ending inventory. Product 66 has a cost of $152, a repl

acement cost of $143, a net realizable value of $148, and a normal profit margin of $12. What is the final lower-of-cost-or-market inventory value for product 66? $143. $148. $140. $152.
Business
1 answer:
Inessa05 [86]3 years ago
8 0

Answer:

The correct option is $143

Explanation:

The lower-of-cost-or-market inventory value analysis requires that inventory be valued at lower initial cost price and marketing facing prices.

The market-inclined prices are replacement cost of $143 and net realizable value of $148,obviously,the lower of the market prices is replacement cost of $143.

Finally,the net realizable when compared to initial cost of $152,the replacement cost ended up being  the lower,hence the inventory of product 66 should be valued at replacement cost of $143

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Hibiscus Co has a debt-equity ratio of 0.80. The firm is analyzing a new project which requires an initial cash outlay of $300,0
morpeh [17]

Answer:

$321,600

Explanation:

debt equity ratio = debt / equity

since the debt to equity is 0.8, that means that for every $ invested from equity, $0.80 will be borrowed. If the new project requires an initial cash outlay of $300,000:

  • then $300,000 / $1.80 = $166,667 will be new equity
  • and $133,333 will be new debt

total cost of initial outlay including flotation costs = ($166,667 x 1.09) + ($133,333 x 1.0495) = $181,667 +  $139,933 = $321,600

flotation costs include all the costs associated with issuing new stocks or taking new debt.

8 0
3 years ago
What is an ? (I think it’s b but idk) (aP3x)
Luda [366]

Answer:

A

Explanation:

A is <html>

B is <heading>

C is </html>

D is </heading>

6 0
2 years ago
Read 2 more answers
Diminishing marginal product explains why, as a firm’s output increases __________.
DerKrebs [107]

Answer:

The correct answer is d) The production function gets flatter, while the total-cost curve gets steeper.

Explanation:

Diminishing marginal product explains why, as a firm's output increases, The production function gets flatter, while the total-cost curve gets steeper.

A firm is producing x amount of units at a total cost of Y. If it were to increase production in 1 units, its total cost would rise.

3 0
3 years ago
The balance sheet of a business summarizes an​ entity's revenues and expenses. true or false
Sveta_85 [38]
The answer is true because a balance sheet is basically a sheet of paper with the transactions and what not of money.

3 0
3 years ago
Grapes are considered intermediate goods a. whether the purchaser uses them to make wine to sell or eats them. b. if the purchas
Natasha2012 [34]

Answer: Grapes are considered <u>intermediate goods</u> if the purchaser uses them <u>to make wine </u>to sell others but not if the purchaser eats them.

Explanation: We call intermediate goods to goods that deplete their production process.

They are used <em>to produce other goods</em> and in its application to the<em> production process </em>it is fully incorporated into the product or transformed completely with the first use.

They are bought for<u> resale</u> or used as inputs or raw materials for the production and sale of other goods.

One <u>example</u> could be the<u> flour </u>used to make<u> bread </u>is an intermediate good for consumption. ( The bread is the final product that you buy on the store ) .

8 0
2 years ago
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