Answer:
The answer is: $0
Explanation:
Government entities have to record grant revenue during the period that they occur. The city received notice of this grant last year, so they recorded the grant revenue in last year's financial statements. If they recognize any grant revenue this year, it must come from a new grant.
High-technology and fashion are types of industries likely to frequently use the lower-of-cost-or-market (LCM) basis.
Explanation:
Price or demand lowering is a conservative approach to product assessment and monitoring. The product is usually terminated at historical cost. Furthermore, sometimes the original cost of the final stock is higher than the net achievable value and therefore the inventory has dropped in value.
Using the cheaper price or the lower trade means likening the market value of each product with its costs at the end of the stock and then use the lower value as inventory importance.
The LCM rule has recently been changed, simplifying things for companies that don't use the first-out or manufacturing method. The interventions can only be applied to the cheaper cost and the net realisable benefit in compliance with the new rules.
It help you to keep your eyes on your prices
It helps ensure you don’t spend money you don’t have
It helps to prepare for emergencies
Answer:
d. A decrease in your property value from neglecting your lawn and garden
Explanation:
A negative externality is a cost incurred or received by a third party who has no control over it.
In a, b and c the community, disrupted sleeper and secondhand smoker are the third party. In d you are not the third party. You neglect your lawn and garden and bear the cost of decreased property value.