The correct answer is $380 per unit.
The lower-of-cost-or market rule requires that you report the lower value of either the purchase price or current market price of items in inventory. In this case the current market price is lower, so it should be used when calculating the value of inventory.
40 bars ...............................................................................................
The company's payment = $1640,
Carol's total cost = $410.
<u>Step-by-step </u>
<u>Given:</u>
Bill amount = $2300
Amount of deductible = $250
Remaining amount is given by:
=$2300-$250
=$2050
Since Carol's insurance company provided paid 80% of the bill less the deductible.
So, the Company's Payment is given by:
Company Pays 80% which translates to 0.8
Company Payment = 0.8*2050
Company Payment = $1640
Carol's total cost after the payment of company is given by
Carol pays = $2050 - $1640
Carol pays = $410
Hence, the company's payment was $1640, Carol's total cost was $410.
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Answer: B.both stocks are equally good investments
Explanation:
The options are;
A.it is better to buy shares in Bad Firm
B.both stocks are equally good investments
C.it is better to buy shares in Good Firm
D.both stock prices react equally to the same information
From the question, we are informed that Good Firm is highly profitable and will grow rapidly in the future while Bad Firm faces the same risks but barely makes a profit and will not grow at all. It should be noted that In an efficient market, both stocks are equally good investments.
Roosevelt's "big stick" foreign policy meant that the United States would engage in diplomatic negotiations while retaining the ability to use force if necessary.
<h3>What are some examples of Roosevelt's big stick strategy?</h3>
Numerous instances in foreign affairs, President Roosevelt employed big stick policy. He negotiated a peace deal between Russia and Japan, expanded American influence in Cuba and more.
<h3>How did America benefit from the "big stick" policy?</h3>
Roosevelt was successful in keeping the United States out of wars by threatening legitimately with force under his "big stick" strategy.
<h3>How was the "big stick" approach applied in Panama?</h3>
Roosevelt used the "big stick" to put down the Colombian uprising by aiding the Panamanian people. He dispatched American battleships to the Colombian coast in November 1903 to prevent it from putting down the revolt in Panama.
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