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Tamiku [17]
4 years ago
13

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

Business
1 answer:
guajiro [1.7K]4 years ago
4 0

Answer:

<em>b. $ 90,000.</em>

Explanation:

Net realizable value(Market value) for apparel=Selling price minus associated selling expenses e.g sales commission.

Market value for  Apparel= $ 120,000-(120,000*10%)

                                          =$ 120,000-12,00

Market value for  Apparel =$108,000

Apparel cost=$90,000

The lower of the above costs is $90,000.

Lower of cost or market is one of approaches of valuing and reporting inventory. Ending inventory is usually stated at historical cost. When original cost of the ending inventory is greater than the net realizable value, meaning that the inventory has lost value. The inventory has decreased in value below historical cost, then its carrying value is reduced and reported on the balance sheet. The method for reporting this is called current market value.

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nt, consider the appropriate change in quantity demanded or change in demand. Show this on the graph below by moving the cursor
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Answer:

in the explanation we can see the relationship between supply and demand.

Explanation:

The question is not clear, because some elements are missing. However, this is a situation where we want to describe the relationship between supply and demand for 3d TVs and how this varies if there is an increase in demand.

So let's analyze it in general terms.

Be D=Demand, E=equilibrium , P=Price, Q=Quantity.

Since Tabitha now earns more, she decides to buy a TV, then this increases demand (D2), which causes the equilibrium point (which in the graph corresponds to the intersection of the supply and demand curves) to change (E2). Thus, the higher the demand, the higher the price.

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3 years ago
If Vickers Company issues 5,000 shares of $5 par value common stock for $175,000, A. Paid-In Capital in Excess of Par will be cr
Sindrei [870]

Answer:

option A is correct

Paid-In Capital in Excess of Par will be credited for $150,000

Explanation:

Given data

share = 5000

share value = $5 / common stock

cash = $175000

to find out

find the option which is correct

solution

we know here we have cash value $175000

and

total common stock is = share × share value

total common stock  =5000 × 5

total common stock value is $25000

so paid capital in excess = cash - total common stock value

paid capital in excess = 175000 - 25000

paid capital in excess is $150000

so option A is correct

Paid-In Capital in Excess of Par will be credited for $150,000

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3 years ago
The combination of advertising, personal selling, public relations, and sales promotion activities traditionally used by an orga
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Promotion mix

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By using the goal rate of return on investment, or what the company anticipates from the venture's investments, the firm sets the price for a product or service. The rate of return pricing helps the business generate the necessary amount of profit to keep its liquidity. The price is set so that if sales continue to grow at the rate they are now, the ultimate objective of creating corporate profit is achieved.

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Promotion has often been the target of criticism. Some opine that “promotion contributes nothing to society”, and for some others “promotion forces consumers to buy products they cannot afford and do not need”, and so on. It may be true that promotion can certainly be criticized on many of its aggressive and compelling factors. But it should also be recognized that it plays a crucial role in modern society, particularly in business, economic and social spheres of influence.

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2 years ago
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Yuliya22 [10]

Answer:

Share your vision with them. Let employees know our plans for your company and your products and services. ...

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