Answer:
16.99%
Explanation:
Calculation for the crossover rate
We are going to to calculate the crossover rate using cash flow function on a financial calculator by following the step below:
CF0= 0
Step 1
C01=Project A year 1 -Project B year 1
C01=$28,300-$36,900
C01= -$8,600
Step 2
C02=Project A year 2 -Project B year 2
C02=$31,500-$40,500
C02= -$9,000
Third step
C03=Project A year 3
C03=$22,300
Last step
Press CPT key in order for IRR(INTERNAL RATE OF RETURN) to be display
Hence:
Crossover rate=16.99%
Therefore the Crossover rate will be 16.99%
Africa has started exporting products that are not common in their country. These are vegetables and fruits which do not normally grow in Africa. The country has started exporting fruits and vegetables like snow peas, globe artichoke, Brussel sprout, passion fruit and pineapples to the European Nation. They were able to get money from this because these products have very high value in these countries.
Well obviously the economy is shrinking. people aren’t buying/trading much because they don’t want to risk going out and going through avoidable things you know?
The adjusting entry to decrease the merchandise inventory under <em>the lower of cost or market value computations</em> includes a debit to the Cost of Goods Sold and a credit to the Merchandise Inventory.
The <em>Lower of Cost or Market Value</em> determines the value of inventory based on either the cost of the item or the market value, whichever is lower.
Thus, since the merchandise inventory decreases by the entry, the cost must be higher than the market value.
Learn more: brainly.com/question/16015410
Answer:
Merchandise inventory is an asset reported on the balance sheet and represents the cost of products purchased for sale.
Explanation:
Merchandise inventory is the stock of the company and the same is to be reported under the current asset side of the balance sheet also the asset contains normal debit balance. In addition to this, it shows the cost of product buy for sale
Therefore the last option is correct
