1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alinara [238K]
3 years ago
6

Given the acquisition cost of product ALPHA is $20, the net realizable value for product ALPHA is $17, the normal profit for pro

duct ALPHA is $1.50, and the market value (replacement cost) for product ALPHA is $14, what is the proper per unit inventory value for product ALPHA applying LCM?
Business
1 answer:
Anna [14]3 years ago
3 0

Answer:

LCM = $15.5

Explanation:

RC = $14

Ceiling: NRV = $17

Floor: NRV – PM

Net realizable value for product ALPHA -Normal profit for product ALPHA

= $17 – $1.50= $15.5

Market= $15.5

LCM = $15.5

Therefore the proper per unit inventory value for product ALPHA applying LCM will be $15.5

You might be interested in
Time line of cash dividend. Camelot Manufacturing, Inc. issues the following press release: "Camelot Manufacturing will pay a qu
Harlamova29_29 [7]

Answer:

Declaration date = Sep 3, 2014

Ex - date = Sep 18, 2014

Record date = Sep 20, 2014

Payment date = Oct 20, 2014

Explanation:

Declaration date = This is the date of announcement of dividend.

Ex - date = The expiry date is 2 days before the record date.

Record date = the record date is the date on which share holders on record becomes eligible for dividend payment.

Payment date = This is the date of dividend payment.

Here,

Declaration date = Sep 3, 2014

Ex - date = Sep 18, 2014

Record date = Sep 20, 2014

Payment date = Oct 20, 2014

6 0
3 years ago
a. A consulting firm that is for sale has an annual operating cash flow of $2,000,000 assuming no future growth in cash flow, wh
ipn [44]

Answer: $4,000,000

Explanation:

Based on the information given in the question, the value of this business at a 50% cost of capital will be calculated thus:

= Annual cash flow / Cost of capital

= $2,000,000 / 50%

= $2,000,000 / 0.5

= $4,000,000

Therefore, the value of the business is $4,000,000.

4 0
3 years ago
An institutional review board (IRB) helps to ensure the safety of subjects of review. Who typically sits on such a board?
kipiarov [429]

Answer:

The answer to your question is A. Academic scholars

Explanation:

Institutional review boards are most often found at research universities. These boards have the ability to stop a research project if they have concerns about the safety of the subjects.

7 0
2 years ago
Gerald received a one-third capital and profit (loss) interest in XYZ Limited Partnership (LP). In exchange for this interest, G
ollegr [7]

Answer:

$12,000

Explanation:

According to the given situation,the computation of the outside basis is shown below:-

Total Outside basis = Adjusted basis - Non-recourse mortgage + G's share of mortgage

= $18,500 - $9,750 + ($9,750 × 3)

= $18,500 - $9,750 + $3,250

= $12,000

Therefore for computing the total outside basis we simply applied the abovbe formula.

7 0
3 years ago
Create a memo. The memo should include all parts of a memo and these parts should appear in the correct order. In your memo, giv
Hitman42 [59]

To: Stacy Shoe, Allen Sock, Emma Johnson

From: Alina Kincsem (write your name here)

Subject: How to open a word processing document

Date: October 12, 2018

This is to instruct the employees to turn the computer on and open a word processing document. Following steps are to be followed in order to do this:

1. Press your PC's power button and wait until the desktop screen appears.

2. Click on the start screen at the bottom left corner.

3. Go to the search bar and type 'MS Word' and click on its icon when it appears in the search.

4. Now a blank word processing document would open in front of you. You may create any document in it that you wish to.

Good luck with your task.


7 0
3 years ago
Read 2 more answers
Other questions:
  • Industries are defined by _____.
    11·2 answers
  • Who has outlook mine is william56453 to help me
    13·1 answer
  • Hamrick Industries makes and sells two products. The demand for both products is unlimited. Product A has a contribution margin
    8·2 answers
  • What is biosecurity? why is it an important area of research?
    12·1 answer
  • Troy (single) purchased a home in Hopkinton, MA, on January 1,2007, for $300,000. He sold the home on January 1, 2016, for$320,0
    13·1 answer
  • Which best states a theme of "Birdfoot's Grampa”?
    10·2 answers
  • What is the process of determining the present value called?
    7·1 answer
  • (Externalities) Complete each of the following sentences: a. Resources for which periodic use can be continued indefinitely are
    14·1 answer
  • G Obligations to be paid within one year or the company's operating cycle, whichever is longer, are:
    9·1 answer
  • Assume that product Adam, a product designed for the High-End segment, can reach its full potential market share next year. A go
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!