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3 years ago

Determine which of the following statements are correct regarding damaged or obsolete goods. (Check all that apply.)

Business

1 answer:

fenix001 [56]3 years ago

8 0

Answer:

1.  Damaged or obsolete goods are not counted in inventory if they cannot be sold.

2.  If these can be sold… Cost should be reduced to Net Realizable Value

Explanation:

The law relating to the valuation of inventory is that ''inventory should be valued at lower of 'Cost' and 'Net Realizable Value'.

Therefore in the case of damaged or obsolete goods, they have to be eliminated from inventory, otherwise it will lead to overvaluation.

However in the case where these can be sold, They have to be valued at lower of 'cost' or 'salable value', implying that 'Cost' should be reduced to 'Net Realizable Value'

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Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms t

avanturin [10]

Answer:

The correct answer is A. True.

Explanation:

Risk management models are a great tool to anticipate and prevent possible losses that could occur when investing a certain capital, implementing appropriate precautionary measures; Therefore, organizations and investors that have a culture of risk, create a competitive advantage over others, by assuming assessed risks, gain experience in risk management, anticipate adverse changes, protect or cover their investments in advance and obtain higher profits by taking greater risks.

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4 years ago

The following are sales revenues for a large utility company for years 1 through 11. Forecast revenue for years 12 through 15. B

Marina CMI [18]

Answer: i hope this helps some its all i can do for now

Explanation:

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3 years ago

Currently, the spot exchange rate is $0.85/A$ and the one-year forward exchange rate is $0.81/A$. One-year interest is 3.5% in t

yarga [219]

Answer:

B) $42,035

Explanation:

Calculation to determine How much can you realize certain profit in U.S. dollar terms

First step is to calculate the repayment liability after one year

Repayment liability = (A$1,176,471 × 1.042)

Repayment liability = A$1,225,882.78

Second step is to determine the investment yield

Investment yield = $1,000,000 ×(1+.035)

Investment yield = $1,000,000 × 1.035

Investment yield= $1,035,000

Third step is to convert the investment yield into A$ at the forward rate of the amount of $0.81

A $ to yield = $1,035,000 ÷ 0.81

A $ to yield= A$1,277,778.22

Now let determine How much can you realize certain profit in U.S. dollar terms

Arbitrage Profit=(A$1,277,778.22-$1,225,882.78)×0.81

Arbitrage Profit= A $51,895.44 × 0.81

Arbitrage Profit = $42,035

Therefore How much can you realize certain profit in U.S. dollar terms will be $42,035

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3 years ago

Columbia Sportswear makes nylon activewear. Its marketing manager set a goal to increase sales 12 percent over the next three ye

GenaCL600 [577]

Answer:

a) functional planning

Explanation:

The functional planning is the planning that need to be done for each type of department so that the goals and the objectives of the company could be accomplish in a efficient and effective manner

Since in the question it is mentioned that the marketing manager have set a goal to rise the sales by 12% over the next three years so this represent that the manager is engaged in the functional planning

6 0

3 years ago

The demand for a new computer game can be modeled by p (x )equals 48.5 minus 5 ln x, for 0less than or equalsxless than or equa

Hoochie [10]

Answer:

a. R(x) = 48.5x - x5inx

b. R'(x) = 43.5 - 5lnx

c. The correct option is d. Yes, because the revenue will be maximized when R'(x)=0. The price to the consumer would be <u>$5</u>.

Explanation:

Given:

p(x) = 48.5 - 5lnx, for 0 ≤ x ≤ 800 ............. (1)

a. Find R(x).

R (x) = x * p (x) ........................ (2)

Substitute equation (1) into (2), we have:

R(x) = x(48.5 - 5lnx)

R(x) = 48.5x - x5inx .............................. (3)

Equation (1) is the R(x) required to be found.

b. Find the marginal revenue, R'(x)

The derivative of equation (3) is taken to obtain R'(x) as follows:

R'(x) = 48.5 - 5lnx - x5(1/x)

R'(x) = 48.5 - 5lnx - 5

R'(x) = 48.5 - 5 - 5lnx

R'(x) = 43.5 - 5lnx ...................... (4)

Equation (4) is the marginal revenue, R'(x), required to found.

c. Is there any price at which revenue will be maximized? Why or why not? Choose the correct answer below.

Profit is maximized when R'(x) = 0

Equating equation (4) to 0 and solve for x, we have:

43.5 - 5lnx = 0

43.5 = 5lnx

5lnx = 43.5

lnx = 43.5 / 5

x = e^(43.5 / 5)

x = 6,002.91

Substituting x = 6,002.91 into equation (1), we have:

p(x) = 48.5 - (5 * ln(6,002.91))

p(x) = 48.5 - (5 * 8.70)

p(x) = 48.5 - 43.5

p(x) = $5

Therefore, the correct option is d. Yes, because the revenue will be maximized when R'(x)=0. The price to the consumer would be <u>$5</u>.

5 0

3 years ago