4 years ago

12 Unless otherwise posted, in Florida, the speed limit for most municipal areas is 40 mph O 25 mph )45 mph 30 mph

Business

1 answer:

AVprozaik [17]4 years ago

6 0

Answer:

I'd say 40 mph.

Explanation:

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Merle Industries had been selling its product for $24 per unit, but recently lowered the selling price to $17 per unit. The comp

Lana71 [14]

Answer:

The company’s inventory be reported on the balance sheet as $3,150.

Explanation:

GAAP and IFRS requires that the inventory of the company should be recorded as Lower cost and Net realizable value of the inventory.

According to given data

Available Inventory = 210 units

Cost of Inventory = 210 units x $20 = $4,200

Net realizable value is the value of the inventory which can be recovered on the immediate sale. the current market value of the inventory is $15.

So,

Net realizable value is = 2,100 units x $15 = $3,150

As the Net realizable value is lower than the cost of the inventory, $3,150 should be reported as inventory on the balance sheet.

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3 years ago

The following information was available for Kingbird, Inc. at December 31, 2017: beginning inventory $70000; ending inventory $1

photoshop1234 [79]

Answer:

Inventory turnover ratio = 7.2 times

Explanation:

Given:

Beginning inventory = $70,000

Ending inventory = $108,000

Cost of goods sold = $644,000

Sales = $888,000

Find:

Inventory turnover ratio

Computation:

Average inventory = [Beginning inventory + Ending inventory] / 2

Average inventory = ($70,000 + $108,000) / 2

Average inventory = $89,000

Inventory turnover ratio = Cost of goods sold / Average inventory

Inventory turnover ratio = $644,000 / $89,000

Inventory turnover ratio = 7.2 times

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3 years ago

if, after reflecting on the nature of leadership you decide that all leaders must treat their followers with respect, then you h

Virty [35]

Answer:

Behavioral

Explanation:

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3 years ago

Bramble, Inc. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot i

svet-max [94.6K]

Answer:

determine the cost per CD for each group using tsv method

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3 years ago

1. Explain how 'Returns to Scale' and 'Law of Diminishing Returns' would affect cost in a manufacturing company.

Solnce55 [7]

Law of diminishing return has a positive relationship with marginal cost

Explanation:

The law of diminishing returns implies that marginal cost will rise as output increases. Eventually, rising marginal cost will lead to a rise in average total cost.

7 0

3 years ago

12 Unless otherwise posted, in Florida, the speed limit for most municipal areas is 40 mph O 25 mph )45 mph 30 mph​

12 Unless otherwise posted, in Florida, the speed limit for most municipal areas is 40 mph O 25 mph )45 mph 30 mph