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Ber [7]
4 years ago
9

The following information pertains to an inventory item:

Business
1 answer:
olchik [2.2K]4 years ago
7 0

Answer:

4. $12.00

Explanation:

the market price of the good is the estimated selling price of 13.60

the historic cost is 12.00

the lower between these is the historic cost.

The replacement cost will be considered for new purchases as their historic cost but will not impact the historic cost of the previous goods.

Only a market price lower than historic cost will create a loss in inventory.

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How would allowing customers ( with good credit) avoid payments and interest for up to four years, affect a businesses balance s
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Answer:

It will undermine the portfolio. Increase the accounts receivable and it is a dangerous practice if the company does not use a collateral to secure the repayment of the credit.

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4 years ago
You are thinking about the things that can go wrong on your trip home over the Thanksgiving break. You have booked a flight with
pashok25 [27]

Answer: 89.5% or 0.895

Explanation:

Probability of you making it home if the flight is canceled:

= Probability that flight is canceled * probability that Walter has a seat

= 35% * 70%

= 24.5%

Probability of you making it home by flight:

= 100% - 35%

= 65%

Probability of you making it home for the holidays:

= Prob. if flight is canceled + Prob. by flight

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= 89.5%

4 0
3 years ago
Describe at least two advantages a large company has over a smaller company. (1-4 sentences.
STatiana [176]

A larger company can benefit from <em>economies of scale</em>, meaning they can get discounts by purchasing and producing in bulk which a smaller company wouldn't have the ability to do. A larger store also has the potential for higher revenue because they have more goods and services to sell.

4 0
3 years ago
Read 2 more answers
Economists believe that people's wants are:
Cloud [144]

Economists believe that the wants of people are infinite.

<h3>What is want in economics?</h3>

These are the basic needs of people. In the field of economics it is believed that the wants of people are too numerous.

People have so many needs and the resources that are required to fulfill them are limited. This is the concept of scarcity.

Read more on want and scarcity here:

https://brainly.in/question/2337492

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3 0
2 years ago
True And False
trasher [3.6K]

Answer:

The answer is true we need to know of any types of sources.

Explanation:

APPLYOURKNOWLEDGE

8 0
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