Answer:
The $60,000 amount of inventory will be included in the consolidated balance sheet immediately following the acquisition
Explanation:
According to the accounting principles, the inventory is recorded at the cost or fair market value whichever is lower.
The inventory balance which is given in the balance sheet is $75,000
And, its fair market value is $60,000
So, the inventory would be recorded at 60,000
The other items which are given in the question are irrelevant. Therefore, we don't consider them in the computation part. Thus, we ignored them.
Hence, the $60,000 amount of inventory will be included in the consolidated balance sheet immediately following the acquisition
Answer:
An industrial organizational psychologist
Explanation:
Industrial-organizational psychologists are using psychological concepts and techniques of study to address business challenges and improving the quality of life. They are studying efficiency and managerial staff in the work environment, and working designs for employees.
They get a look for a firm or institution's cohesion and character.And they are working with executives to help coordinate strategies, perform assessments so practice sessions, and establish a future plan.
The few rule the many. Hope this helped, have a great day! :D
Answer:
$721,000 is correct
Explanation:
Cost of goods sold =754000 + 125000 -158000
=721,000