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nignag [31]
3 years ago
7

Lower-of-cost-or-market as it applies to inventory is best described as the:

Business
1 answer:
Verdich [7]3 years ago
4 0

Answer:

The correct answer is A

Explanation:

Lower of market or cost rule is the one which states or describe that a business or firm need to record the inventory cost at lower, that means whichever cost or the current market price is lower.

It is the term which is best illustrated as the drop or decrease of future utility below the original or the actual cost of the inventory.

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Answer:

Communal

Explanation:

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3 years ago
Kirksand Airlines is well-known for providing excellent service and personalized attention to its flyers. The staff listen caref
andrew11 [14]

Answer:

B. Personalization

Explanation:

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5 0
3 years ago
If price rises, what happens to quantity supplied of a product?
MrMuchimi
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8 0
3 years ago
Question 1: Assuming that the riskless rate is 2.3% and the market premium is 5.3%, calculate Zonk’s cost of equity capital: A.
sdas [7]

Answer:

D. 8.28%

Explanation:

Cost of equity capital = risk free rate + (beta*market premium)

                                    = 2.3% + (1.13*5.3%)

                                    = 8.28%

Therefore, Zonk’s cost of equity capital is 8.28%

8 0
4 years ago
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