Answer:
Net realizable value less a normal profit margin.
Explanation:
Lower of cost or market rule of inventory states that cost of inventory recorded must be that at which cost is lower, and the original cost is the current market price.
This occurs when the inventory has become obsolete, market price has declined, or inventory has deteriorated
Net realisable value is defined as selling price minus estimated cost of completion.
So the market value should not be less than net realizable value less a normal profit margin.
Answer:
Contracts required in writing
Explanation:
Contracts that required to be in writing to be enforceable. These contracts are never orally agreed and there is no value of such oral contracts. The contact and promise made by executor to pay debt, promises in consideration of marriage, Sale of goods priced $500 or more should be in writing.
Answer: C) Continuously improve their products at home.
Explanation:
Protectionism policies like tariffs and import quotas have the effect of reducing free trade which erodes consumer welfare as well as hurting trade so should be avoided if better options exist.
One of those is for a company to increase its market base instead of relying on protection from the government. If they can expand into foreign market, they will have a larger market in which to trade their goods and increase profitability.
Another way is to improve their products at home. Better products would attract more customers to their products and increase profitability.
Answer:
Learning curve
Explanation:
Reference is made to the time and cost with respect to the fact that the proposed system is about the same size as others. Learning curve theory teaches to identify cost and time in relation to specific jobs
Answer:
dyadic
Explanation:
As dyadic refers to the small group in which the individual communicates with each other with regard to family issues, pleasure, work, interest, etc. This improves interpersonal social interaction so that people get to know each other properly.
Since the three individuals are on the same working group in the case, they work with the same team, but they don't get along together, which depicts the dyadic conflict.