1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nikolay [14]
3 years ago
11

Taylor Music Center has 5 CD players on hand at the balance sheet date. Each costs $400. The current replacement cost is $380 pe

r unit. Under the lower-of-cost-or-market basis of accounting for inventories, what value should be reported for the CD players on the balance sheet?
Business
1 answer:
babymother [125]3 years ago
8 0

The correct answer is $380 per unit.

The lower-of-cost-or market rule requires that you report the lower value of either the purchase price or current market price of items in inventory. In this case the current market price is lower, so it should be used when calculating the value of inventory.

You might be interested in
A problem in developing effective compensation for teams is that: Multiple choice question. rewarding individuals erodes cohesiv
denpristay [2]

A problem in developing effective compensation for teams is that rewarding individuals erodes cohesiveness. Thus the first option is correct.

<h3>What is Cohesiveness?</h3>

Cohesiveness refers to the act or the property of togetherness. in the group , cohesiveness can be seen when the group performs the activity. It is important to have cohesiveness in every group for the accomplishment of the task.

When a individual in a group is provided a compensation it leads to dispute and chaos which erodes the cohesiveness of the group. Thus the first option is correct.

Learn more about Cohesiveness here:

brainly.com/question/13774781

#SPJ1

5 0
2 years ago
A company's strategy evolves over time as a consequence of : Select one: a. The need to keep strategy in step with changing mark
Ksju [112]

Answer:

The correct answer is the option D: All of the above.

Explanation:

To begin with, a company's primary strategy that focus on completing the main goal of the company of increasing the sales and with that the profits is considered to be the most important element that the business has in order to keep existing and therefore that as the time passes and the context around the organization changes, that strategy evolves. And there are a lot of reasones why that could happen, including the market conditions that vary over the pass of years as well as the need to react to the competitors decisions in order to keep fighting for the market. And other consequence that may help the change of the strategy is the effort itself of managers to make the strategy better as ideas turn to came out.

3 0
3 years ago
Separation of duties refers to:
Bumek [7]
Making each manager personally responsible for his/her department
5 0
3 years ago
Julia has noticed that she is receiving more and more stress from work. She is having trouble meeting her deadlines and fears sh
Furkat [3]

Work related stress is a growing problem around the globe these days that only effects the health of the employee and have effects on productivity of the business as well.  

work related stress includes fatigue, sleeplessness, depression, anxiety, problems with interpersonal relationships and discouragement at work.  

A healthy diet and exercise is a must. she should list her assigned tasks in order of priority and schedule the most difficult tasks of each day for times when fresh, such as first thing in the morning. she should not take out stress on loved ones. Instead, she should tell them about her work problems and ask for their support and suggestions. And last but not the least she should seek professional counseling from the psychologist.

4 0
3 years ago
Read 2 more answers
Universal Exports is expected to pay the following dividends over the next four years: $8, $4, $2, and $2. Afterwards the compan
omeli [17]

Answer:

$23.25

Explanation:

the maximum that you would be willing to pay for a stock of Universal today can be determined using the multistage dividend discount model

The first step is to find the present value of the dividends over the next four years :

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = $8

Cash flow in year 2 = $4

Cash flow in year 3 = $2

Cash flow in year 4 = $2

I = 15%

Present value = $12.44

Next we would find the present value of the perpetual growth of dividend

($2 x 1.04 ) / 0.15 - 0.04 = 18.91

the present value of this amount = $18.91 / = $10.81

Maximum value = $12.44 + $10.81 = $23.25

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

3 0
3 years ago
Other questions:
  • In personal ads, one study found that a man's _____ and a woman's _____ were the most important factor for determining how many
    15·1 answer
  • Alfonso has noticed that increases in unemployment insurance claims are associated with recessions, and therefore be advocates l
    12·1 answer
  • George is trying to teach his two-year old son to gently caress their cat. George softly strokes the animal and every time his s
    5·1 answer
  • Why should you dress professionally and do some research beforehand?
    14·2 answers
  • Licensing as a market entry mode has several disadvantages and opportunity costs, which do not include:
    12·1 answer
  • Abel Corporation uses activity-based costing. The company makes two products: Product A and Product B. The annual production and
    6·1 answer
  • Jack has a ticket to see Bo Bice for which he paid $30 yesterday. He takes an unpaid day off from work to get ready for the conc
    8·1 answer
  • A business goes to the trouble and expense of segmenting _________.a. its markets when its customers are dissatisfied. b. it exp
    8·1 answer
  • What is a product item?
    6·1 answer
  • Here are the comparattive income statements of Georgia Development Corporation.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!