The reported value of this company's ending inventory if LCM is applied to individual items is $870.
<h3>What is reported value?</h3>
The value of any assets or liabilities or any such credentials, which is recorded in the books of official record for the purpose of accounting as per the standards, is known as the reported value.
The computation of the reported value in the given condition will be,
- Item 1 – 5 Units x $45= $225;
- Item 2 – 7 units x $60= $420;
- Item 3 – 9 Units x $25= $225.
The summation of all the reported values will be,
$(225+420+225)= $870.
Hence, the reported value of the inventory of the company is as aforementioned.
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They should form a corporation because a partnership or sole proprietorship have unlimited liability.
The elements of a brand that cannot be spoken are called the brand mark.
Every band has its properties and elements such as the brand name and
brand equity which can be spoken to describe what the brand is all about.
These elements are usually unique and helps to describe the brand and its
operations.
However , the brand mark is like a logo and contains pictorial properties
which can be seen.
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Answer: Generate, define, and evaluate potential marketing actions.
Explanation: In the given case, Wrangler jeans wants to promote their brand and spread their brand awareness in the market by using different advertisements. Thus, they are trying to make some marketing actions.
Therefore, using marketing research to evaluate customer preferences for choosing the best alternative depicts that company is trying to evaluate and define the marketing actions they should be taking in future.
Answer:
The Fed cannot control the amount of money that households choose to hold as currency
Explanation:
As the money supply derives from the the coin and currency amount and the velocity which, is the speed at which the currency is exchanged. When consumers do not want the currency they spend it immediately Thus, they increase the money supply.
The FED can decrease the amount of currnecy in the economy to off-set this when notice but, it is done afterwards
The FED do have hook on the banks therefore it can control the other variable mentioned.
