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julsineya [31]
3 years ago
9

Using the FIFO method, the cost of inventory at the end is $15,500, and the market price is $14,500. Using the lower-of-cost-or-

market rule, the inventory cost in the financial statement will be:
Business
1 answer:
Sindrei [870]3 years ago
5 0

Answer:

Inventory Cost = $14,500

Explanation:

Using the lower of cost or market method implies firstly valuing the inventory at the purchased cost (historical cost). But as the value of a good can change and if the price at which the inventory can be sold falls below its net realizable value the loss (and new value) must be recorded. It is a method for adjusting asset values in subsequent reporting periods.

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2 years ago
Analyze the various methods available for avoiding overdrafts. Based on how you might use you account most often, decide which w
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2 years ago
The type of documentation designed to be used when the user needs to learn how to perform a specific function is known as _____.
cluponka [151]

Answer:

E. tutorials

Explanation:

The type of documentation explained in the question would be considered as "tutorials". These can be written, verbal or visual documentation that teaches you how to perform a specific function or task with step by step instructions. That way you know every step that you need to take in order to be able to get that certain task done.

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3 0
3 years ago
A ___________ is a measure that summarizes a particular characteristic of an entire group of numbers.
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A statistic is a measure that summarizes a particular characteristic of an entire group of numbers.

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Statistics is the science of collecting, interpreting, and describing data. A statistic is any quantity computed from values in a sample which is considered for a statistical purpose.

Statistical measures are a descriptive analysis technique which is used to summaries the characteristics of a data set. This data set represent the whole population or a sample of it.

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1 year ago
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Marat540 [252]

Answer:

A. Let the customer finish complaining, then explain to her why she is having the issue.

Explanation:

In dealing with customers it is important that conflicts is on de-escalation in such a way that the customer is satisfied after the transaction and does not feel bad about the incident.

In the given scenario the customer caused the issue but it is important to listen to their complaint and get clarity on the situation.

Cutting the customer short because a similar situation occurred in the past may not reveal all issues. So it is better to hear the customer's full complaint.

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This will reduce bad feelings on the part of the customer

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