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vazorg [7]
3 years ago
14

Toussaint Company issued 10,000 shares of its common stock in exchange for merchandise that it will resell. The merchandise had

originally cost the other party $250,000 and had a fair value of $300,000 on the date of the exchange. The retail value of the inventory is $520,000. Toussaint Company is not publicly traded and cannot precisely determine the fair value of its stock. It has used some industry averages, however, and applied Black-Scholes-Merton and estimates the fair value of its stock to be about $28 per share. At what amount should the inventory be recorded?
Business
1 answer:
Aleks [24]3 years ago
7 0

Answer:

The correct answer is $300,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

Original cost = $250,000

Fair value = $300,000

Retail value = $520,000

As Share based transaction of the organization record or issued always at fair value for which the goods or services are exchanged.

Here, Fair value is given.

So, the transaction will be recorded at fair value = $300,000

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Answer:

Letter of Credit is the correct answer.

Explanation:

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3 years ago
In many developing countries, the majority of citizens make their living through microenterprises- informal, tiny businesses tha
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Answer:

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This helps to boost small businesses and financial inclusion which are heart of any economy and vital to the economy and promoting growth.

Possible measures taken by the organization includes providing funds for at lower interest rates and providing credit services. Subsidized credit to deficient areas increases productivity and employment growth by means of boosting the small and medium-sized enterprises.

This may work in poor communities in United States. However in united schemes there are lots of other governmental schemes such as coupons, free food etc program are already running.

However, these programs are also carrying a potential here. But there potential is much greater in poor countries having less developed banking and financial reach.    

Explanation:

6 0
3 years ago
The difference between standard costs and budgeted costs is that standard cost refers to a single unit while budgeted costs refe
aleksandrvk [35]

Answer:

"While budgeted costs refer to the cost, at standard, for the total number of budgeted units. "

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The first sentence would be the correct one

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Please be more clear in future questions, thank you =)

4 0
4 years ago
Firm I has been selling its products through a distributor for some time. It has become the market share leader. Unfortunately,
rewona [7]

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By so doing, the company can restrategize and ensure its products satisfy

the customers through the adoption of the technology they are complaining

about. This helps to ensure increased profit made from the goods.

Read more about Vertical integration on brainly.com/question/19815172

5 0
3 years ago
Workers in the nation of Brotherton expect managers to forcefully tell employees what to do, how to do it, and when. On the othe
Natasha_Volkova [10]

Answer: Socio-cultural

Explanation:      

  According to the given question, the socio-culture is one of the type of method that basically emphasizing the main responsibilities in terms of culture and social.

The socio-culture is one of the learning process which helps in explain the different types of learning perspective of the people and the interaction trajectory is helps in exploring the given concept.

According to the given question, the socio-culture difference is the concept which is used to differentiate between the american workers and the brother-ton workers that representing the management challenge in the market.    

 Therefore, Socio-culture is the correct answer.

7 0
3 years ago
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