Answer:
A business may be constrained by a variety of licensure and other regulatory requirements, based on the industry and activities the business wants to pursue. For example, a lawyer must obtain a legal license in a particular state before he can open a practice in that state.
Answer:
1.
c. $21
2.
b. $20
Explanation:
1.
In lower-of-cost-or-market comparison, the cost of the product and the realizable value of the product are compared and lower is used to value the available inventory.
In the given Scenario the realizable value of product Z is the recoverable value of the product.
Hence The replacement value of $21 should be used in the lower-of-cost-or-market comparison.
2.
Calculate the net recoverable value for the product Z
Net recoverable value = Selling price of product Z - Cost to sell product Z
Net recoverable value = $25 - $3 = $22
Now by comparing the cost and net realizable value the lower value is cost of $20.
Hence $20 will be used in order to value the inventory.
The answer is copyright laws. It is because the copyright laws is where a creator is somewhat protected his or her properties such as works, articles, artworks and people who used his or her works without his or her permission will be held liable.
<span>Situation factors and situational influences that are temporary conditions that affect how buyers behave. From these factors depends if the customer will buy the product,buy several of will not buy it at all.
The situation factor can be social, physical, time...
Starbucks uses the physical situation factor : the location of its stores. Starbucks has always central position.</span>
Answer:
$32,432
Explanation:
Cash balance per cash book $32,300
Bank service charge (15)
Returned check 120
Correction of Deposit <u> 27</u>
Adjusted cash balance per general ledger <u> 32,432 </u>
The bank charge will be recognized as a credit in the cash account. The returned check had been credited before and will be debited back to reverse the earlier treatment.
Additional deposit of $27 will be recognized in the books being the difference between $258 that had been recognized and $285 the actual amount.
The outstanding checks of $1,800 will not be adjusted for as the transactions are valid.
