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harkovskaia [24]
3 years ago
6

Data related to the inventories of Mountain Ski Equipment and Supplies is presented below:

Business
1 answer:
Ksivusya [100]3 years ago
8 0

Answer:

C) $130,000

Explanation:

Based on the lower of cost or market rule, the valued of the inventory would be

Replacement cost = $130,000

Selling price = $150,000 - $150,000 × 10% = $135,000

After considering the normal gross profit ratio, the value would be

= $135,000 - $150,000 × 20%

= $105,000

If we compare the cost and replacement value, then the less value would be considered i.e $130,000

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Cost advantages that accrue for firms with larger output because they can spread fixed costs over more units and can employ technology more efficiently are called:

  • Economies of scale

<h3>What are Economies of scale?</h3>

Economies of scale is a term that is used to describe the cost advantages that a company gets because they have increased the level of production. There are different types of economies of scale.

Some of these are the financial, technical, and purchasing economies of scale. So, when the purchasing strength of the organization increases, then there is an economy of scale.

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6 0
2 years ago
Is anyone a Steelers fan? Or Washington FT fan
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Answer:

steelersssss all the way babyyyy

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3 years ago
17. Calculating Future Values Streamsong Credit Bank is offering 4.7 percent compounded daily on its savings accounts. If you de
pychu [463]

Answer:

Future value = $5912.87

Explanation:

Below is the calculation:

Interest rate = 4.7%

Present value of deposit = $4750

Time period, n = 5 years

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Future value = 4750 ( 1 + (4.7%/365)^5*365

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4 0
3 years ago
Which of the following is the LEAST important factor to consider when constructing an investment portfolio for a high net worth
Arlecino [84]

Complete question:

A. The portion of the funding that should be allocated to tax-free investments

B. The portion of the funding that should be maintained in readily accessible funds such as money market instruments

C. The customer's preference for investing via passively managed index mutual funds or via actively managed mutual funds

D. The investment philosophy and strategies employed by the fund manager of the chosen mutual fund

Answer:

The best answer is D

" The investment philosophy and strategies employed by the fund manager of the chosen mutual fund "

Explanation:

Since this person is rich and potentially in a high taxation role, the allocation of part of the assets in tax free municipal investments should be taken into consideration.  

An emergency fund should always be maintained, so consideration should be given to the amount of funding allocated to money market fund investments. It should also be considered whether the customer believes in the management of passive assets or active assets.

Passive asset managers believe in the use of low-cost index funds -with the idea that nobody can do better than the market over time. Active asset managers believe that the correct "picking" of stocks enables a manager to surpass the market. The actual trading strategies employed by an active manager to achieve his results are not relevant to the portfolio construction.

5 0
3 years ago
One common feature of agile projects is the "walk-around meeting".<br> A. True<br> B. False
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Answer:

A

Explanation:

Agile means able to move around quickly

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3 years ago
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