Answer and Explanation:
The computation of the lower of cost or market for ending inventory applied separately to each product is presented below:
Product Units (A) Cost per Unit Market per Unit Minimum cost (B) Value (A × B)
Helmets 24 $50 $54 $50 $1,200
Bats 17 $78 $72 $72 $1,224
Shoes 38 $95 $91 $91 $3,458
Uniforms 42 $36 $36 $36 $1,512
Total cost $7,394
First we take the lower unit of cost or market and after than the lower unit should be multiplied with the number of units so that the ending inventory could come
The correct option is D.
Subtract the loss from net income.
<h3>What is Cash Flow?</h3>
The volume of money a business brings in and expends is known as cash flow. Revenues from sales are used by businesses to pay expenses.
- In accounting, the initial net cash flow that is recorded during all firm operational operations is calculated using the indirect technique of estimating or computing cash flow.
- Under the indirect technique of completing the cash flow from operating activities, any initial net income or net loss is recorded at the beginning.
- The initial level of net income includes all non-cash expenditures and expenses such as amortization and depreciation of tangible personal property and equipment.
- The cash flow of operating activities is now calculated by deducting any profits or losses from the sale of long-term assets from net income.
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I understand that the question you are looking for is:
When using the indirect method to complete the cash flows from operating activities section of the statement of cash flows, what is the proper disposition of a loss on disposal of equipment? Multiple Choice
A. Add the loss to net income.
B. Disregard the loss because it relates to a financing activity.
C. Disregard the loss because it relates to an investing activity.
D. Subtract the loss from net income.
Answer:
C. A security's beta measures its non-diversifiable, or market, risk relative to that of an average stock.
Answer:
The correct approach will be "NPV (Net present value)".
Explanation:
NPV concessions as well as reduce all potential investment returns from the campaign.
⇒ NPV = Present value of cash inflows - Present value of cash outflows
While using the NPV methodology with the appropriate project cost, we can determine is not whether the project is reasonable. Unless the Net present value is positive, the venture can not be dismissed and rejected whether it is poor or negative.
Answer:
Explanation:
Suggest Fiscal Or Monetary Policies That Can Address This Problem. Use The IS/LM/FE And/or The AD/AS Models To Derive The Short-run And Long-run ... and long-run effects of these policies on the identified problem and on the rest of ...
