Answer:
Cullumber Company
The ending inventory is:
= $4,888.
Explanation:
a) Data and Calculations:
Item Units Unit Cost Net Realizable Value Value of Ending
Cameras: Inventory (LCNRV)
Minolta 3 $172 $152 $456 ($152 * 3)
Canon 9 140 170 1,260 ($140 * 9)
Light meters:
Vivitar 13 130 100 1,300 ($100 * 13)
Kodak 16 117 128 1,872 ($117 * 16)
Total value of Ending Inventory based on LCNRV = $4,888
b) The Lower of cost- or net realizable value method of valuing ending inventory determines the value by choosing the lower value between the cost price of the inventory and the net realizable value. The purpose that is served by using the LCNRV method is that it reflects the decrease of inventory value when it goes below its original cost while at the same time it does not recognize the increased market value when the cost is lower.
Answer:
The correct option is C, business plan
Explanation:
Sales proposal is a document sent by a seller to a prospective buyer detailing the nature of the product offered and how the product could serve the interest of the would-be buyer,hence it is a wrong option.
Unsolicited proposal is a proposal sent by a private firm interested in partnering with the government on projects where the proposal was not requested by the government,as a result it is wrong choice as well.
A business plan is document showcasing the aims of objectives of the organization with clear road maps on issues such as what the business is set out to achieve,its target customer and so on
Investment proposal is aimed at bringing to light the potential benefits of a project so as to appeal to financiers.
Grant proposal is a request addressed to the government justifying the need for grant of a subsidy.
Answer:
hi your question lacks the options here is the options and the answer
a.
$1,000,000
b.
$200,000
c.
$1,050,000
d.
$1,026,000
e. $210,000
answer : $1026000 ( D )
Explanation:
properties placed in service in 2019 = $1050000
The threshold for the year 2019 under the section 179 = $2550000
Maximum expense/deduction before phase out under the section 179 = $1020000
The depreciable value =$1050000 - $ 1020000 = $30000
The MACRS depreciation half - year convention under 5 years = 20% of depreciable value = 20% * 30000
= $6000
hence the total cost recovery = MACRS + Maximum expense/deduction
= $6000 + $1020000
= $1026000
Answer:
as manufacturing became more specialized, corporations divested themselves of divisions that they could not adequately control, with the result that the corporate consolidations of the 1890s and 1900s were largely reversed.
Explanation:
Base on the scenario been described in the question, the statement that accurately characterize the management of American corporations in the 1920s is as manufacturing became more specialized, corporations divested themselves of divisions that they could not adequately control, with the result that the corporate consolidations of the 1890s and 1900s were largely reversed.
Answer and Explanation:
a. The computation of the earning per share is given below:
As we know that
Earning per share = (Net income - preference dividend) ÷ (average no of common shares oustanding)
For 20Y5
= ($1,508,000 - $60,000) ÷ 80,000 shares
= $18.1
For 20Y6
= ($2,676,000 - $60,000) ÷ 120,000 shares
= $21.8
b. Since the earning per share is increased from 20Y5 to 20Y6 so it is favorable
