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Vilka [71]
4 years ago
14

Inventory may properly be stated above cost

Business
1 answer:
pentagon [3]4 years ago
5 0

Answer:

Explanation: Only in exceptional cases may inventories be stated above cost according to the Accounting Standards Codification. For instance, precious metals, which have a fixed monetary value with no substantial cost of marketing may be stated at its monetary value, which may be above cost; For agricultural, mineral, and other products that can be substituted for one another and have immediate marketability at quoted prices, it may be difficult to obtain appropriate costs leading to inventory being stated above costs.

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What is the name for the journey that brought most enslaved africans to the colonies? slave auction indentured service internati
Ivenika [448]

Africans were successively delivered to the regions depicted in blue, in what became called the "Middle Passage".

The "middle passage," which brought the slaves from geographical region to the West Indies, might take three weeks. The Transatlantic (Triangular) Trade involved many continents, plenty of cash, some cargo and sugar, and lots of African slaves.

Historians estimate that about a million enslaved people were sold and moved round the country between 1808 and therefore the abolition of slavery in 1865. This internal movement of enslaved people is termed the Second Middle Passage.

The first slave traffic voyage from the American colonies sailed out of Massachusetts. The ship Desire left Salem in 1637, carrying Native American captives from the Pequot War to be sold as slaves within the Caribbean. This refers to the voyage of slaves from Africa, who were forced over to land.

European powers, aided by locals, captured the slaves and Caribbean traders received the slaves in exchange for goods from earth.. Commercial goods from Europe were shipped to Africa available and traded for enslaved Africans.

learn more about middle passage: brainly.com/question/18132038

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6 0
2 years ago
Thomas Brothers is expected to pay a $0.50 per share dividend at the end of the year (that is, D1 = $0.50). The dividend is expe
Katarina [22]

Answer:

 CurrentStock Value per Share (P0) = $6.25

Explanation:

Dividend growth rate (g) = 7% per year

Expected Dividend   (D1) = $0.50

Required return rate   (R) = 15%

           CurrentStock Value (P0) = D1 / (R-g)

                                            P0 = $0.50 / (0.15 – 0.07)

                                                 = $0.50 / 0.08

                                                = $6.25

                                CurrentStock Value per Share (P0) = $6.25

8 0
4 years ago
Blanchard talks about servant leadership, and Jim Collins talks about Level 5 executives. What do servant leaders and Level 5 ex
Mekhanik [1.2K]

Answer: Both types of leaders have humility as a core personal characteristic

Explanation:

Servant leadership is a form of leadership philosophy whereby the lender's main goal is to serve and the leaders are humble. Level 5 leaders are humble and incredibly ambitious.

Therefore, servant leaders and Level 5 executives have in common is that both types of leaders have humility as a core personal characteristic

6 0
4 years ago
Who initiated the concept of​ "good time"?
jek_recluse [69]
Alexander Maconochie initiated the concept of Good time.
5 0
4 years ago
The store managers of Chimbake, a chain of bakeries, are allowed to come up with new dessert flavors of their choice as long as
bekas [8.4K]

Answer:

B) Decentralization of authority

Explanation:

Based on the scenario being described it can be said that the concept that is best illustrated in this scenario would be a decentralization of authority. This is the process in which authority is moved to the lower level managers within an organization. Which is what is happening in Chimbake, since they have given the store managers full authority to control and create the dessert flavors as they see fit.

6 0
3 years ago
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