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KonstantinChe [14]
3 years ago
11

âas an individual consumes more of a given good or service, the marginal utility of that good to the consumer likely:

Business
1 answer:
Ilya [14]3 years ago
4 0
Answer:  " DECREASES" .___________________________________
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A company has the following per unit recorded cost and replacement cost relating to its inventory:Item 1 5 units Cost $50 Market
Kryger [21]

The reported value of this company's ending inventory if LCM is applied to individual items is $870.

<h3>What is reported value?</h3>

The value of any assets or liabilities or any such credentials, which is recorded in the books of official record for the purpose of accounting as per the standards, is known as the reported value.

The computation of the reported value in the given condition will be,

  1. Item 1 – 5 Units x $45= $225;
  2. Item 2 – 7 units x $60= $420;
  3. Item 3 – 9 Units x $25= $225.

The summation of all the reported values will be,

$(225+420+225)= $870.

Hence, the reported value of the inventory of the company is as aforementioned.

Learn more about reported value here:

brainly.com/question/14002494

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2 years ago
There are many costs associated with owning a car. Which of these is not something you'll need to pay for?
kaheart [24]

The answer will be -B-

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2 years ago
A bank loans Kellie's Print Shop $350,000 to remodel a building near campus to use as a new store. On their respective balance s
erma4kov [3.2K]

Answer: b. an asset for the bank and a liability for Kellie's Print Shop. The loan does not increase the money supply.

Explanation:

Banks make money by loaning out money to people and companies. This means that loans are an asset to banks because it enables them to generate cash.

Kellie's Print Shop will have to pay back to loan however which means that it is a liability to them because they owe the bank.

This loan will not increase the money supply because if not explicitly stated that it does, we assume that the loan was made from bank deposits by other bank customers which means that it is already part of the money supply.

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2 years ago
Hello. My name is Eric! I'm looking for some advice on what type of investments to consider. I'm 53, my kids are through college
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Select the correct answer from each drop-down menu.
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