Answer:
$1,120
Explanation:
Ending Merchandise Inventory is value of closing inventory in hand, to be valued at lower of cost or net realizable value or replacement value
Here, cost of closing inventory = 7 units X $160 each = $1,120
Since current realizable/ replacement value = $1,155
Cost is less than realizable value, therefore cost will be considered.
Thus ending merchandise inventory will be valued at total of $1,120.
Answer:
The correct answer is letter "A": I and III.
Explanation:
A Hedge Fund is a private investment fund that markets itself almost exclusively to wealthy investors. They are aggressive risk-seeking investment funds that typically use leverage to magnify returns. Hedge funds are not subject to the Investment Company Act of 1940 and profits usually from an annual management fee (usually 2%). Besides, most hedge funds charge a performance fee based on profits earned.
Answer:
hell is what it should be but mercy is what's been shown. step by step utill one or more can carry the wounded. kinda male since
The answer is product mix. A product mix is a way of having
to offer products to the people or consumers in which it comprises multiple
line. These are usually offered by companies and a means of selling the
products that they produce.
Answer:
The correct answer is: we demand the product that labor helps produce rather than labor service per se.
Explanation:
The demand for inputs of production such as labor is called derived demand. This is because their demand is derived from the demand for goods that they are used to produce.
These inputs are used in the process of production. The derived demand affects the price of derived goods.