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tamaranim1 [39]
3 years ago
13

Ames Trading Co. has the following products in its ending inventory.

Business
1 answer:
Jobisdone [24]3 years ago
7 0

Answer:

Product                 Qty    Cost     Market      LCM           Result

Mountain Bikes      30     $700    $650       30*650      $19,500

Skateboards           26     $230    $260       26*230      $5,980

Gliders                     12     $870     $830       12*830      $ 9,960

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A product cost is
inna [77]

Answer:

C: expensed in the period the product is sold

Explanation:

A product cost is the manufacturing costs that are accumulated on the product. Before the product is sold these product cost is shown in the current asset section on the balance sheet <em>as inventory valuation</em>.

In the period that the product is sold, the product cost are included in the cost of sales expenses<em> to determine profit from sale</em>.

6 0
3 years ago
Which statement about NTDs is FALSE?
Andreyy89

Answer:<u><em> NTD control is not a best buy in global health, causing additional challenges.</em></u>

(NTDs) stand for Neglected tropical diseases which are a unit of parasitic diseases that grounds significant sickness for people all around the globe. Mostly affecting world’s hapless individuals, It damages bodily and cognitive improvement.

<em>Therefore, it can be said that NTD controls are crucial all around the world.</em>

<u><em>The correct option is (a)</em></u>

3 0
3 years ago
You are reading product reviews posted online by consumers. Which external information source are you using?
irakobra [83]
The answer is E. Consumer Report
5 0
3 years ago
Read 2 more answers
In most markets, _____ is determined by the interactions of numerous buyers and sellers.
anastassius [24]

Buyers and sellers interact in a market to exchange commodities, services, or resources. Prices and trade volume are mostly influenced by how buyers and sellers interact in a "market."

The buyer-seller interaction process is viewed as a transaction in and of itself, with potential for numerous outcomes. The buyer-seller interaction, which is compared to the effect of advertising, is assumed to carry out any of the following five functions: raise awareness of each other's expectations about the product or service; remind each other of past successful transactions and their behavioral outcomes; reinforce each other's behavior related to the sale of the product or service; prompt behavioral actions on each other's parts by intensifying expectations; and persuade each other.

To learn more about interactions of buyers and sellers in market here

brainly.com/question/2976497

#SPJ4

4 0
1 year ago
Kenneth entered into a contract to sell his home to Valerie, who put down a $5,000 earnest money deposit. At the last minute, Va
densk [106]

An example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.

<h3>What is a liquidated damages?</h3>

A liquidated damages refers to a pre-estimated probable loss that would be suffered from the late completion of a contract.

In conclusion, the example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.

Read more about liquidated damages

<em>brainly.com/question/25697446</em>

8 0
2 years ago
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