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kotykmax [81]
3 years ago
15

Linguini Inc. adopted dollar-value LIFO (DVL) as of January 1, 2018, when it had an inventory of $841,000. Its inventory as of D

ecember 31, 2018, was $874,000 at year-end costs and the cost index was 1.15. What was DVL inventory on December 31, 2018
Business
1 answer:
Andru [333]3 years ago
8 0

Answer:

760,000

Explanation:

First find ending inventory at base pricing:

$874,000/1.15 = 760,000

Calculate real dollar increase/decrease in quantity

760,000-841,000 = -81,000

Since it is a decrease in quantity, you use prior period cost index. Prior period is the base year so you just use 1.0 which means that -81,000 stays the same

so now it is 841,000-81,000=760,000

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Answer:

The correct answer is True.

Explanation:

An incident report is a tool that records any event that could cause injury to people or damage to company assets. It should include almost accidents, damage to property and equipment, health and safety issues, safety violations and misconduct in the workplace.

Incident reports could be used to discover potential risks and hazards in the workplace and to raise awareness about these problems. That is why it is important to add an analysis of the causes and effects of any incident to avoid similar situations in the future.

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Arborview Plant Science Company has invented a drought resistant grass seed that only needs watering three times each year. In o
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The scientist are looking to offer shares of stock to general public to raise some funds.

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3 years ago
The nurse instructs a client on how to collect a 24 hour urine specimen for a creatinine clearance test. which statement by the
snow_lady [41]

Answer:

A statement from the patient expressing a lack of understanding or an inability to obtain the specimen will cause the nurse to intervene.

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If a patient has to collect a 24 hour urine sample and because of a lack of understanding caused by improper communication or other underlying medical defects, the nurse intervenes by ensuring the patient gets help in the sample collection process.

If the patient also expresses a lack of access to a proper toilet system, the nurse could intervene in advocating for the patient to be provided closer proximity to a functioning toilet system.

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3 years ago
Target's liabilities exceed owners' equity.<br> a) true<br> b) false
Likurg_2 [28]

Answer: True

Explanation:

As of February 2020, Target Corp's total liabilities were listed to be $30,946,000,000 while its shareholder equity was significantly lower at $11,833,000,000.

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During 2021, Jacobsen wrote off $19,700 in receivables and recovered $7,700 that had been written off in prior years. Jacobsen's
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Answer:

Using the balance sheet approach, what amount of allowance for uncollectible accounts should Jacobsen report at December 31, 2021?

$36500

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Allowance for uncollectible report 36500

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