Answer:
C) $0
Explanation:
Gail determined that its inventory's worth by using the lower of cost or net realizable value (NRV). All the inventory accounting methods use this valuation method except LIFO or retail.
In this case the NRV of the inventory is the selling price minus selling costs = $215,000 - $10,000 = $205,000, but the inventory's cost is already lower since the average cost is only $200,000. Therefore the inventory's value is reported at its cost, so there is no reason why a write-down should be recognized.
Answer:
$45 trillion.
<u><em>Explain:</em></u>
The balance between total revenue and the dollar amount of total output arises from the role performed by profit. Profit works as a leftover from cumulative business acquisitions after all other expenses such as long dash wages or dash labor, rents, interests have to be paid. If the dollar value of total output is $500, and the total expenses for producing the output is $450, there is an economic profit of $50. Hence, total income must meet the value of the total output. Therefore, I can say that if one group of people spend, another combination of individuals will realize a profit.
Explanation:
BANKS HAVE REDUCED INTRESTS RATES IS THE AWNSER
Answer:
Option a
Explanation:
In simple words, event refers to a potential situation that may or may not happen in the future and the occurrence or non occurrence of which depends on various factors in which some can be controlled by the affected party in advance and some are not.
These events could be either threat or opportunity. Although by using specialized knowledge these could be predicted at a certain level but its occurrence could not be guaranteed,
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