Answer:
H.T. Tan Company
Computation of the Ending Inventory, using lower of cost or net realizable value:
Item Quantity (FIFO cost) Net Realizable Value Valuation
A 50 $15 $12 $600 ($12 x 50)
B 80 30 40 $2,400 ($30 x 80)
C 10 48 52 $480 ($48 x 10)
D 70 25 30 $1,750 ($25 x 70)
E 350 10 5 $1,750 ($5 x 350)
Total 560 $6,980
Explanation:
Conservatism principle requires that in valuing inventory, an entity should choose a method that does not overstate the inventory value. The LCNRV method meets this requirement. The method takes the lower of the historical cost of the goods and the market price to determine the value of inventory.
Answer: Resource and capability analysis
Explanation:
When the resources and capabilities of an organisation are analyzed, the organizational strategy becomes infallible over time.
The organisation is able to check all it’s capabilities and knowledge in order to enhance resource efficiency and effectiveness.
Answer:
H&M now has over 100 million members.
Explanation:
hope it can help
Answer:
The card will be declined
Explanation:
If you don't hace enough to cover the full purchase, you will be told that your card is declined. However, you can pay $30 from said debit card and cover the rest of cost through another payment method
