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3 years ago

In applying LCM, market cannot be:

Business

1 answer:

arsen [322]3 years ago

5 0

Answer:

The correct option is A,market cannot be less than net realizable value minus a normal profit margin

Explanation:

In determining the lower of cost and market value,the cost of the item of inventory is compared with market facing prices.

The market facing prices are the net realizable value and replacement of the item,in essence lower of net realizable and replacement cost is compared with cost of the item in order to determine the value at which the inventory is to be valued.

Overall,the lower of net realizable and replacement cost should not be lower than the net realizable value minus a normal profit margin

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Economic value added:a. is a dollar amount rather than a percentage.b. is both a dollar amount rather than a percentage and uses

Fantom [35]

Answer:

The correct answer is letter "B": is both a dollar amount rather than a percentage and uses a firm's weighted-average cost of capital.

Explanation:

The Economic Value Added metric helps the shareholders of a business to determine how their capital is performing against other potential investments using the <em>weighted-average cost of capital </em>for that purpose. It is also a useful calculation for companies to decide on the most economically valuable project to be pursued.

The economic value added is calculated by subtracting the opportunity cost of capital from the earnings of the company. <em>The result is given in dollar amounts.</em>

7 0

4 years ago

Businesses are using ________ development to create applications for shopping carts, user authentication, search engines, an

Elena-2011 [213]

Answer:

application development

Explanation:

Application development refers to the process of creating software that can perform specific tasks that a business requires. This software can range from applications that perform specific tasks to computer software that is used to manage major parts of the business. E.g. sales reports, automation processes, etc.

8 0

3 years ago

Rutgers Industries has the following inventory information for 2019: Jan 1 Beginning Inventory 240 units at $100 per unit June 1

timofeeve [1]

Answer:

$86,000

Explanation:

FIFO means first in, first out. It means that the first purchased inventory is the first to be sold.

This means thay the 500 units sold would be taken from the earliest purchased inventory and the ending inventory would be the most recently purchased inventories.

Ending inventory = (80 × $150) + (370 × $200) = $12,000 + $74,000 = $86,000

I hope my answer helps you

4 0

3 years ago

Ethical conduct in the procurement process is particularly important to ensure fair and competitive in-theater acquisition effor

RideAnS [48]

Answer:

True

Explanation:

Under Prevention of Fraud, Waste, and Abuse of operational contract support,Ethical conduct in the procurement process is particularly important to ensure fair and competitive in-theater acquisition efforts and ensure these processes do not have a negative impact on the jfc's mission. problems affecting any aspect of the acquisition process can affect timely provision of support to the commander and in some cases negatively impact the civil-military aspects of the operation or campaign.

3 0

3 years ago

Carol's car was hit while it was parked. Carol calls A-1 Towing, tells the dispatcher the car needs to be towed, and gives her l

Tom [10]

Answer:

3) owes the company for towing her car under an implied contract

Explanation:

An implied contract is formed when both parties mutually agree to a contract without necessarily having a signed written contract. In this case, Carl called the towing company and requested the service, so she agreed to her car being towed and therefore must pay for the services.

8 0

4 years ago