The inventory cost flow assumption does inventory on the balance sheet best approximate its current cost is first-in, first-out.
Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders. There are three different categories of inventory: finished commodities, work-in-progress, and raw materials. On the balance sheet of a company, it is listed as a current asset.
Both the products that are on hand for sale and the raw materials required to make those products are considered inventory.
On the balance sheet of an organization, it is categorized as a current asset.
The three different categories of inventory are raw materials, finished commodities, and work-in-progress.
The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory.
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Answer:
the after tax terminal value would be $14,500
Explanation:
Answer:
The correct answer is: when buyers and sellers have influence on price.
Explanation:
The imperfect market situations exist when there are few buyers or sellers such that they are able to influence the market. For instance, in a perfectly competitive market, there is a large number of buyers and sellers. So, any single buyer or seller is not able to influence the market. The price and output are determined by the market forces.
In an imperfect market such as monopoly or oligopoly, few firms exist so they are able to fix output and price on their own.
Answer:
I think that the answer is B, The The general likelihood of business success is very high.
Explanation:
I got it right on edgenuity
