Answer:
D. Replacement cost.
Explanation:
As we know that the inventory should be recorded at the cost or market value whichever is lower
Given that
Original cost is less than the net realizable value subtract the profit margin
So we assume the following figures
Original cost $10
Net realizable value 9
Replacement cost 8
NRV less normal profit margin 7
As if we compare the original cost and replacement cost so the lower value is of replacement cost
hence, the same is to be considered
Therefore the correct option is D.
Answer:
Stock price is $68.65
Explanation:
The following image shows the stock price:
The fund that has the lowest average expense ratio from the given options is an Indexed fund.
<h3>Why are expense ratios for Indexed funds so low?</h3>
Index funds are funds that invest on a particular index such as the S&P 500 Index which follows the 500 companies on the S&P.
The way these funds work is by investing on a certain index entirely and then leaving the investment to run on its won based on the returns of the index that was invested in.
Because these funds just follow an index, they do not need people to monitor them and make analysis that will lead to higher returns for investors.
As a result of this, the overhead attached as a result of wages for analysts is reduced. With the total expenses being reduced, so also will the average expense ratio.
In conclusion, the fund that generally has the lowest average expense ratio is the indexed find.
Find out more on indexed funds at brainly.com/question/7804398
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Answer:
The company's net operating income for May is $7,930
Explanation:
Sales revenue = $97,000
Variable costs
= $97,000 × (1 - 70%)
= $97,000 × 0.69
= $66,930
Fixed costs = $38,000
Therefore, net operating income = Sales - revenue - variable cost - fixed cost
= $97,000 - $66,930 - $38,000
= $7,930
Answer:
28.57%
Explanation:
The computation of the unemployment rate is shown below:
Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100
where,
Total labor force would be = Unemployed + employed
= 40 million + 100 million
= 140 million
So, the unemployment rate would be
= 40 million ÷ 140 million
= 28.57%
It should always be expresses in a percentage form.
