Explanation:
As we know that the inventory should be recorded at the lower cost or net realizable value whichever is lower
And, the same is shown on the attachment which is attached below:
The net realizable value for each products is computed by
= D - C - E
The DCE are the rows of the attached spreadsheet
And, the proper unit value for each products is as follows
Product Lower of cost or NRV
D 92
E 75
F 73
G 43
H 61
I 44
Answer:
The answer is: D) Licenses for functional intellectual property can be viewed as conveying a right of use.
Explanation:
Functional Intellectual Property (IP) is different from other IP since it must possess a standalone functionality. This means it must be able to perform a task, process a transaction, etc.
Because functional IP possess a standalone functionality, licensing agreements provide the customer immediate use of the functional IP. Therefore, revenue from licensing functional IP is recognized at the time the license is given.
Answer:
A. in a decision, the restrictions placed on potential solutions to a problem
Explanation:
Net income = $125,000
Interest expense = $30,000
Tax expense = $40,000
Interest times hart corporation earned
for the year = ?
First add all the expenses and then
divided by interest expense to get interest times.
= ($125,000 + $30,000 + $40,000) /
$30,000
= $195,000 / $30,000
<span>= 6.5 </span>
Answer:
menu costs of inflation
Explanation:
Menu costs of inflation refer to the costs of having to modify the prices as a result of the frequent change in the price levels of the products that force businesses to make constant updates on their sales prices. According to this, the answer is that this is an example of menu costs of inflation as the grocery store has to update the prices of the products frequently because of the high rate of inflation.