In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.
<h3>What is consumers right?</h3>
This is known to be the Right to Choose from any goods and services of one's choice.
Note that there are a different kinds of quality products and services at competitive prices and as such, In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.
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What is your favorite food that come from your culture mine are probably Tomales
The cumulative difference between reporting inventory at LIFO rather than FIFO is commonly referred to as the LIFO reserve
<h3>What is
LIFO reserve?</h3>
Generally, LIFO reserve is an accounting term that represents the difference between the cost of inventory calculated using the first-in, first-out (FIFO) method and the cost calculated using the last-in, first-out (LIFO) method for the purposes of bookkeeping.
In conclusion, The LIFO reserve is a term that is widely used to refer to the accumulated discrepancy that results from reporting inventory using the LIFO method rather than the FIFO method.
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Answer:
D. $4,600
Explanation:
Riley's casualty cost deduction comes from the substraction between the adjusted basis, which is the net cost of an asset after adjusting for various tax-related items, and the amount the insurance paid Riley.
