a. the first physical depiction of a new product is the best otion A prototype is the physical form of an idea or concept, usually in a model.
Answer:
€6 million
Explanation:
As we know that
According to the International Financial Reporting Standards, if the net realizable value of the inventory increases then the written down of reversal value is required
And according to the GAAP, the inventory should be valued at lower of cost or net realizable value
So in the given case, the inventory is purchased at €6 million and now it is estimated value is €7 million so the lower value i.e €6 million should be reported on the balance sheet.
<u>Answer:</u>
<em>(A) Constant and equal to an absolute value of one</em>
<em></em>
<u>Explanation:</u>
The elasticity is diverse at each point on a demand curve with a consistent slope. The reason is that the "slope and elasticity" are various ideas. Incline estimates the steepness or evenness of a line as far as the estimation units for cost and amount. Elasticity determines the general reaction of the number of changes in price. Elasticity is diverse for each section on the interest bend. Although the slant is steady for this straight-line request bend, Elasticity is NOT.
Answer: $10,906
Explanation:
Given that,
Purchased machinery at the beginning of Year 1 = $86,100
machinery has an estimated life of five years,
Estimated residual value = $4,305
Accumulated depreciation = $49,077 at the end of Year 2
Year 3 Depreciation expense:
= 
= 
= $10,906
Five is C four is C threes is B two is D one is C