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AlexFokin [52]
2 years ago
10

The replacement cost of an inventory item is below the net realizable value and above the net realizable value less the normal p

rofit margin. The original cost of the inventory item is below the net realizable value less the normal profit margin.Under the lower of cost or market method, the inventory item should be valued at:___________
A. Net realizable value.
B. Net realizable value less the normal profit margin.
C. Original cost.
D. Replacement cost.
Business
1 answer:
Andrews [41]2 years ago
4 0

Answer:

D. Replacement cost.

Explanation:

As we know that the inventory should be recorded at the cost or market value whichever is lower

Given that

Original cost is less than the net realizable value subtract the profit margin

So we assume the following figures

Original cost $10

Net realizable value 9

Replacement cost 8

NRV less normal profit margin 7

As if we compare the original cost and replacement cost so the lower value is of replacement cost

hence, the same is to be considered

Therefore the correct option is D.

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State-approved riots in which russian mobs brutally attacked jewish communities, destroyed homes and businesses and even murdere
Alecsey [184]

The answer is: pogroms

State-approved riots in which russian mobs brutally attacked jewish communities, destroyed homes and businesses and even murdered jews were called: pogroms.

<h3>What Exactly Is Community?</h3>

We are all united by the word "community," which is so straightforward to use. It depicts a situation that is so typical that we hardly ever take the effort to explain it. It looks so basic, normal, and human. As a sign of our sincere intentions, we frequently append it to the names of social developmentintents in the social sector (for example, community mental health, community policing, community-based philanthropy, community economic development).

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3 0
2 years ago
At a growth (interest) rate of 8 percent annually, how long will it take for a sum to double? To triple? Use Appendix A for an a
Yanka [14]

Answer:

n =   ㏒ P ÷ ㏒ (1.08)

Explanation:

Compound interest rate

A = P × (1 + r)^{n}

where

P = principal amount (the initial amount you borrow or deposit)

r  = annual rate of interest (as a decimal)

A = amount of money accumulated after n years, including interest.

n  =  number of years

Since we want the principle amount to double i.e., A = 2P

put this in above equation

2P = P × (1 + r)^{n}

divide both sides by P, we get

P = (1 + r)^{n}

put r = 0.08

P = (1 + 0.08)^{n}

P = (1 .08)^{n}

Taking log on both sides

㏒ P =㏒ (1 .08)^{n}

㏒ P = n ㏒ (1.08)

n =   ㏒ P ÷ ㏒ (1.08)

8 0
3 years ago
Hich pricing strategy involves setting a high price for an exclusive, high-end product?
Sidana [21]
Yes, this encourages the buyer to pay more for an item especially if it is by a well known branded. This gives them to opportunity to brag and boast with their purchase. Also when the product is well known consumers are going to try their absolute best to buy it, this is going to make the product scare, hence increasing its price.
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3 years ago
three-fourths of the burden, and sellers bear one-fourth of the burden. b. one-half of the burden, and sellers bear one-half of
zubka84 [21]

The correct option is: For each unit of the good that is sold, buyers bear <u>one-half of the tax burden and sellers bear one-half of  the tax burden.</u>

<u>Explanation</u>:

Incidence of tax is a term referred in economics which deals with division of taxes. Tax incidence refers to division of tax among the buyer and seller for a product. The tax incidence is related to the price elasticity of supply and demand.

When a product is sold, the buyer of the product is charged with one-half of the tax burden and the seller of the product bears the other-half of the tax burden.

The incidence of tax can be observed in two ways:

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3 years ago
What can hope do to change the numbers 2, 3, 5 and 6 to lowercase letters?
RideAnS [48]

Answer: D

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