The lower-of-cost-or-net realizable value can be applied to total inventory, groups of similar items, or to each item. Groups of similar items results in the largest write downs.
What is supposed of inventory?
Inventory refers to all the items, items, merchandise, and substances held by way of a enterprise for promoting within the market to earn a profit. instance: If a newspaper dealer uses a vehicle to supply newspapers to the customers, simplest the newspaper might be considered stock. The automobile could be treated as an asset.
What are inventory items?
Inventory is the objects/products a company has to sell, in addition to the substances had to create those products. The 3 foremost classes of inventory are uncooked materials, paintings-in-progress and finished goods. An example of raw substances inventory would be the magnesium in an alloy wheel.
What's the purpose of inventory?
The primary feature of inventory is to provide operations with an ongoing deliver of materials. To acquire this function effectively, your commercial enterprise ought to try to find a sweet spot among an excessive amount of and too little, with out ever walking out of inventory.
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Answer:
the loss of potential gain from other alternatives when one alternative is chosen.
Explanation:
The correct answer is A. Reunifying several kingdoms
Explanation:
The Song Dynasty included around nineteen emperors who ruled China from the 10th century to the 13th century. This dynasty is recognized due to its multiple advancements in terms of government and culture. Indeed, during this dynasty, national paper money began to be used as part of the economy and a centralized government was established. This political change unified many kingdoms or territories in China as these were under the rule of the same emperor and share different elements including the use of the same currency.
<span>The "market clearing price" is most closely associated with <span>the equilibrium price.
</span></span><span>The </span>equilibrium price<span> is the market </span>price<span> where the quantity of goods supplied is equal to the quantity of goods demanded. </span><span>
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Usually saying a joke is said from one person to others. Eventually that one joke wont be funny anymore.
