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777dan777 [17]
2 years ago
10

The replacement cost of an inventory item is below the net realizable value and above the net realizable value less a normal pro

fit margin. The inventory item's original cost is above the net realizable value. Under the lower of cost or market method, the inventory item should be valued at:__________
a. Original cost
b. Replacement cost
c. NRV
d. NRV - Profit Margin
Business
1 answer:
taurus [48]2 years ago
4 0

Answer:

Replacement cost.

Explanation:

The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth.

In the insurance industry, "replacement cost" or "replacement cost value" is one of several method of determining the value of an insured item. Replacement cost is the actual cost to replace an item or structure at its pre-loss condition. This may not be the "market value" of the item, and is typically distinguished from the "actual cash value" payment which includes a deduction for depreciation. For insurance policies for property insurance, a contractual stipulation that the lost asset must be actually repaired or replaced before the replacement cost can be paid is common. This prevents overinsurance, which contributes to arson and insurance fraud. Replacement cost policies emerged in the mid-20th century; prior to that concern about overinsurance restricted their availability.

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Answer:

the correct answer is

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2 years ago
Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $46,4
diamong [38]

Answer:

$5300

Explanation:

Contribution margin for Division B = Sales * Contribution margin ratio

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Total contribution margin = Division A + Division B

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Contribution margin $93,200

Less : Traceable fixed expenses $51,100

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AlladinOne [14]

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Snowberry Corporation had a net increase in Retained Earnings of $182,000 for the year. The corporation also paid $56,000 of cas
Zolol [24]

Answer:

$232,400

Explanation:

Data provided

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Based on the information given, the way to write the essay will be given. Firstly, it's important to decide on your topic. In this case, it is an essay analyzing the STEEPLE Module.

Research should be done on the topic and create an essay outline.  STEEPLE stands for social, technological, economic, environmental, political, legal, and ethical. Set your argument in the introduction and develop it with evidence.

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