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Liula [17]
3 years ago
7

In applying the lower of cost or net realizable value rule, the inventory of apparel would be valued at: A) $108,000. B) $90,000

. . C) $110,000. D) $99,000
Business
1 answer:
Tanya [424]3 years ago
5 0

Answer:

Answer: b

Explanation:

NRV=$120,000 – ($120,000 x 10%) = $108,000$90,000cost is less than net realizable value of $108,000 cost

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The fact that Shaun,who is the manager of a warehouse operated by a department store is trusted by his subordinates because he shares information freely, is reliable, and shows extremely good judgment while handling any type of crisis. means that Shaun is exhibiting the following dimensions of trust: consistency, loyalty, and openness. W<span>hen a manager’s behavior toward employees is consistent over a period of time, employees can reasonably predict that manager’s behavior.</span>

4 0
4 years ago
What to do with office space to make money? How would you arrange them?
hoa [83]

Answer:

a bigger space

Explanation:

a bigger space because u have a alot to do. you can have more people working. or if it private then a room for secretary and your office in the business

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3 years ago
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4 0
3 years ago
What is the highest level of authoritative rules for state and local government accounting?
Serjik [45]

GASB statement is the highest level of authorities rules for state and local government accounting.

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7 0
1 year ago
Justin Company's budget includes the following credit sales for the current year: September, $40,000; October, $51,000; November
zheka24 [161]

Answer:

$45,350

Explanation:

Follow the Company`s collection history to determine the November Cash Collection.

November Cash Collection :

Collected in month of sale - 15% x $45,000                       $6,750

Collected for 1st month after sale - 60% x $51,000         $30,600

Collected for 2nd month after sale - 20% x $40,000        $8,000

Total                                                                                     $45,350

Therefore,

The cash Justin can expect to collect in November is $45,350

7 0
3 years ago
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