Answer:
$64
Explanation:
The computation of final lower-of-cost-or-market inventory value is given below:-
Ceiling LCM = Estimated selling price - Cost to disposal or NRV ($68)
Floor LCM = NRV - Normal profit
= $68 - $4
= $64
Conditions: 1)When the cost of replacement is greater than the LCM ceiling then the LCM ceiling is considered the market cost.
2)If the cost of replacement is greater than floor LCM then floor LCM is considered to be the market cost
So, second condition is satisfied.
The market value is $64, cost is $76.
Lower of cost or market rate is $64
Answer:
General purpose Job boards
Explanation:
A job board can be straightforwardly defines as a website where employers advertise job openings for job seekers
A general purpose job board as seen in the question can be defined as a website that offers job recruitment services in its entirety.
This means that both employees and employers use the site to search for and advertise job openings to job seekers respectively. Popular job boards include Glassdoor, Linkedin, etc.
Cheers.
Answer:
the total cost of the new equipment is $105,500
Explanation:
The computation of the total cost of the new equipment is given below:
Total cost of the new equipment is
= Net price + Sales tax + Installation charges + Payment for concrete slab
= [$100,000 - ($100,000 × 2%)] + $3,000 + $1,500 + $3,000
= $105,500
Hence, the total cost of the new equipment is $105,500
Answer:
Invoro will have a resource that is valuable but no longer rare.
Explanation:
Invoro's competitive edge has been duplicated by Finolo and Ethics through their customer knowledge base and products that appeal to customers.
The resource that Invoro has is still valuable and can give the company a good market share, but it is no more rare.