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tangare [24]
2 years ago
9

The lower of cost and market value (net realizable value) rule causes losses in the value of inventory to be recognized in the p

eriod when:_______.
a. The value of inventory declines below cost.
b. The inventory is sold.
c. The inventory is purchased.
d. Cash collection from the customer fails to occur.
Business
1 answer:
Gala2k [10]2 years ago
6 0

Answer:

a. The value of inventory declines below cost.

Explanation:

  • The inventory values are the total cost of the value calculated at the ends of the inventory accounting period and the market value is compared by the lowering of the inventory costs.  
  • For each type of the item the net realized values cause a loss in the values of the inventory which needs to be recognized.
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Define foreclosure economics.​
Kobotan [32]

Answer:

Foreclosure is the legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property

8 0
2 years ago
Grateful Eight Co. is expected to maintain a constant 4.6 percent growth rate in its dividends indefinitely. If the company has
ad-work [718]

Answer:

11%

Explanation:

To address this exercise, we need to recall the formula for dividend discounted model (DDM). The DDM is stated as below:

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Next year dividend/Stock intrinsic value = Required rate of return - Long term growth, or

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Putting all the number together, we have:

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7 0
3 years ago
Compute the amount of raw materials used during November if $31,500 of raw materials were purchased during the month and if the
mezya [45]

Answer:

Raw materials used during November was $34,800.

Explanation:

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Putting Values:

⇒ Raw Materials Used = 7,600 + 31,500 - 4,300 = $34,800.

Thanks!

7 0
3 years ago
How should sbs classify the spare parts that it expects to use within one year — as inventory or as a prepaid/other current asse
ahrayia [7]
Sbs could do it by starting to find out each functions of the spare parts.
If the spare parts is resided to be a part of the product, it should be classified as inventory.
IF the spare parts is resided for people who want to redeem warranty, it shold be classified as prepaid.
If the spare parts is part of research and development it should be classified as other assets.
8 0
3 years ago
What is the set of official government statistics on aggregate economic activity in production, income, investment and savings?
IrinaK [193]
What is the set of official government statistics on aggregate economic activity in production, income, investment and savings?
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3 years ago
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