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Pepsi [2]
3 years ago
7

Smashing Pumpkins Co. uses the LCM method, on an individual-item basis, in pricing its inventory items. The inventory at Dec. 31

, 2014, costs of products D, E, F, and G. Relevant per-unit data for these products appear below: D E F G Estimated Selling Price $120 $110 $95 $90 Cost 75 80 80 80 Replacement Cost 120 72 70 30 Estimated Selling Expense 30 30 30 25 Normal Profit 20 20 20 20 Instructions: Using the LCM rule, determine the proper unit value for balance sheet reporting purposes at Dec. 31, 2104, for each of the inventory items. g

Business
1 answer:
horsena [70]3 years ago
7 0

Answer:

For detailed tables of balance sheet refer to the attached files

Explanation:

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Explanation:

The policy of tax cut will be less effective in country B than in country A since the value of the tax multiplier is lower in country B.

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If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up

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