Answer:
c. $258000
Explanation:
The computation of the ending inventory using LCRNV rule is given below:
Product Cost Market LCRNV
A $84000 $89000 $84000
B $59000 $56000 $56000
C $118000 $120000 $118000
Total value $258,000
Answer:
A) True
Explanation:
When you use the analysis of receivables method for estimating uncollectible receivables you will use the age of the accounts receivables in order to determine whether or not they should be considered bad debt. Usually the company establishes a threshold, e.g. 6 months, and all the accounts receivables that have not been collected by that threshold are classified as estimated bad debt.
Under this method, estimated bad debts should equal the adjusted balance for allowance of doubtful accounts.
Answer:
B) No change in total assets.
Explanation:
Since it is given that the company accepts a six-month note receivable so that it replaces the account receivable of the customer. Due to which there is an increase in note receivable and a decrease in account receivable.
Since the increase and the decrease is taking place in the assets that reflects there is no change in overall total assets
To give the audience more information or teach them about something ENTERTAIN. Keeps the audience's attention usually in an enjoyable way INFORM. Gets the audience to believe something or do what they are saying PERSUADE.
What is the purpose of this presentation to persuade?
In a persuasive speech, the goal is to change the attitudes, beliefs, values, or judgments of your audience.
If we look back at the idea of motive, in this speech the prosecuting attorney would try to convince the jury members that the defendant is guilty beyond reasonable doubt.
When an author's purpose is to inform, they usually wish to enlighten their readership about a real-world topic. Often, they will do this by providing lots of facts.
Learn more about purpose here:
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<span>In dermining how much life insurance coverage
is needed for an individual , you have to consider first, to determine annual
income needs of your family if you were to die today. Because you have to
consider any lifestyle changes that might happen after te death and include
current expenses such as mortgage, rent, groceries, clothing, utility bills,
entainment, travel, transportation and child care. Next, you have to subtract
available income from annual income needs. Then, determine the principal needed
to generate income to be replaced (annual income to be replaced) devided by
(rate of return) = amount of principal needed. Next, Add one-time expenses of
your survivors will have to pay including funeral expenses. Lastly you have to subtract
one-time gains such as the total amount of money or profit that is made from
other life insurance policies, assets from selling a business or other payouts.</span>
