Answer:
B
Explanation:
she has to do the following to reinstate her license - Makes a proper application within thirty-one days after the date of expiration, by payment of the regular three-year renewal fee.
Answer:
B), C) and F)
Explanation:
Microeconomics refers to the study of individuals, households, firm behavior for making the decision and distribution of resources. It is useful for the markets that offered goods and services and also handle an individual and economic issues
Therefore in the given case, the microeconomics covered in B, C and F options
Cash flow from investing activities are as follows:
Sale of Equipment $51300
Purchase of Truck ($89000)
Sale of Land $198000
Sale of Long Term Investments $60800
Net Cash Flow from Investing Activities $221100
Calculation of Receipts from sale of equipment are as below:
Book Value of Equipment 65300
Less Loss on Sale 14000
Proceeds from sale 51300
We shall ignore original coat of the asset to calculate the above. Also only cash flows shall be considered to find the cash flow from investing activities.
<u>Explanation</u>:
In the first scenario, because of being the only student in the class my efforts to produce good grades will be low and inefficient since I believe there is no one competing with me for good grades.
However, in the second scenario of a class of 40 students, there will be great competition to be that 1 student to get a good grade as mentioned by the teacher. Changes will be seen in my efforts at study and paying attention in class, as well as asking questions about the subject in order to get a good grade.
The total Lower of Cost or Market is $38870.
<h3><u>
What is Lower of Cost or Market?</u></h3>
- Companies using U.S. GAAP must value their inventories using the lower of cost or market (LCM) technique.
- The lower of the original cost or market value is used to value inventory in the lower of cost or market approach, as the name suggests.
We have,
Mountain Bikes: 15 units, cost: $710, market: $660, total cost: $10,650, total market: $9900, LCM: $9900
Skateboards: 20 units, cost: $260, market: $290, total cost: $7800, total market: $8700, LCM: $7800
Gliders: 29 units, cost: $810, market: $730, total cost: $23490, total market: $21170, LCM: $21170
Total cost: $41940
Total market: $39770
Total LCM: $38870
Learn more about Lower of cost or market with the help of the given link:
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