Answer:
$45,000
Explanation:
The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and has a net realizable value of $10,000. Its inventory of coffee makers with timers cost $35,000 and has a net realizable value of $35,000.
The amount that should be reported for Daily Grind's inventory is the net realizable values which is $10,000 + $35,000 = $45,000
<u>According to International Financial Reporting Standards, inventory should be valued at lower of cost and net realizable value. </u>
<u>Since the cost value of ''inventory of coffee makers without timers'' is higher than its net realizable value, it cannot be used.</u>
Answer:
A, These hard currencies represent the largest industrialized economies.
Explanation:
The hard currencies are Euro, Dollar, and Yen.
Euro is the currency that held by most industrialized nations in Europe and Dollar is the currency that held by most industrialized nation in north America. Both of these currencies represent the largest portion of the Currency market.
Technically, Chinese yuan is the one that circulated the most in Asian Market. But this currency is strictly regulated by the Chinese government and is not traded in the FX market. Japanese Yen held the second largest position in the Asian Market.
Answer:
The Scion xA EAC: -7,953.41
The Toyota Prius EAC: -8,043.16
Explanation:
<em>The equivalent cost is the PMT of the present worth of the asset,</em> so the first step to solve for EAC is to calculate the present worth:
<u>The Scion xA:</u>
Purchase 15,500
Present value of the cash flow needs:
C 1,500
time 3
rate 0.12
PV $3,602.7469
<u><em>Present worth: </em></u>15,500 + 3,602.75 = 19,102.75
<em>Now, we calcualte the PMT:</em>
PV 19,103
time 3
rate 0.12
C $ 7,953.410
<u>Toyota Prius:</u>
Purchase: 22,000
present value of annual OCF
C 800
time 4
rate 0.12
PV $2,429.8795
present worth: 24,429.88
Equivalent annual cost:
PV 24,430
time 4
rate 0.12
C: $ 8,043.158
Answer:It is true that in many organization marketing does not have a place of importance in the organizational hierarchy as spending on marking cuts on their profit making. These firms need no marketing strategies as they are on regional or street or local level. Theses are small business. The customer base of these firms is near by public. These firms don’t work to reach far away customers
Explanation:
Answer:
Concurrent validation
Explantion:
Concurrent validation is employed to establish documented proof that a facility and process will function as they are intended, on the basis of information gotten during actual use of the process.
Concurrent validity is a type of proof that can be assembled to justify the use of a test for predicting other outcomes.