This situation is called piracy. It is because the Russian has no legal authority to name their business McDonald's as it was already patented. Only the real McDonald's has the elite rights conceded by a sovereign state to an innovator or chosen one for a restricted timeframe in return for the nitty gritty open revelation of a creation. An innovation is an answer for a particular mechanical issue and is an item or a procedure.
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Answer:
The total value of this company's ending inventory is $ 1,075
Explanation:
Under the lower of cost or market method, Inventory is measured at the lower of either cost or market value
Calculation of total value of this company's ending inventory is as follows:
Part A Lower is Replacement Cost. Therefore (50units×$4.50) 225
Part B Lower is Cost. Therefore (75 units×$6.00) 450
Part C Lower is Replacement Cost. Therefore (160units×$2.50) 400
Total Value of Inventory 1075
Answer:
Future value = $5912.87
Explanation:
Below is the calculation:
Interest rate = 4.7%
Present value of deposit = $4750
Time period, n = 5 years
Future value = Present value ( 1 + interest rate)^n
Future value = 4750 ( 1 + (4.7%/365)^5*365
Future value = 4750 (1 + 0.00012)^1825
Future value = $5912.87
