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Anastaziya [24]
3 years ago
14

Oriole Company developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value(L

CNRV) basis in valuing inventories:
Product Cost Net realizable value
Market A $128000 $134000
B 90000 85000
C 179000 181000
After Oriole Company applies the LCNRV rule, the value of the inventory reported on the balance sheet would be:___.
a. $405000.
b. $392000.
c. $400000.
d. $397000.
Business
1 answer:
zmey [24]3 years ago
5 0

Answer:

b. $392000.

Explanation:

The computation of the inventory balance reported on the balance sheet is shown below:

<u>Product                   Cost                   Net realizable value    Lower value </u>

A                            $128000                 $134000                     $128,000

B                             $90,000                 $85,000                    $85,000

C                             $179,000                $181,000                    $179,000

Total                                                                                          $392,000

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What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 8% of par, an
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Answer:

a. 13.33%

b. 10%

c. 8%

d. 5.71%

Explanation:

The computation of nominal rate of return is given below:-

Rate of return = Dividend ÷ Current market price

For the first case

= $8 ÷ $60  

= 13.33%

For the second case

= $8 ÷ $80

= 10%

For the third case

= $8 ÷ $100

= 8%

For the fourth case

= $8 ÷ $140

= 5.71%

Note :- To get $8 you need to multiply by $100 by the 8%

8 0
3 years ago
Payment alternatives are part of the ____ phase of the research-based buying process. evaluating alternatives postpurchase activ
igomit [66]
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5 0
4 years ago
Read 2 more answers
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Gekata [30.6K]

Answer:

E. above; surplus; downward

Explanation:

The options to this question wasn't provided. The full question can be found here : https://www.chegg.com/homework-help/questions-and-answers/price-equilibrium-price-would-expect-causing-market-put-pressure-price-went-back-equilibri-q29621799

When price is above equilibrium price, the quantity supplied exceeds quantity demanded. This leads to a surplus. This places a downward pressure on price. Price falls until equilibrium price is restored.

When price is below equilibrium price, the price of goods become cheaper. The quantity demanded increases while the quantity supplied falls. This leads to a shortage and places an upward pressure on price. Price rise until equilibrium price is reached .

I hope my answer helps you.

3 0
3 years ago
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irakobra [83]

Answer:

The answer is B.

Explanation:

Option B. Wages of sales person are the example of a Selling and Administrative cost. Other examples are rents, distribution cost etc.

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4 0
3 years ago
The short run is:________
Scorpion4ik [409]

Answer:

The correct answer is option a.

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The short-run is an imaginary short period in which all the inputs cannot be varied. There is at least one input that cannot be varied. So in the short run, there are some fixed inputs and some variable inputs.  

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