Answer:
€6 million
Explanation:
As we know that
According to the International Financial Reporting Standards, if the net realizable value of the inventory increases then the written down of reversal value is required
And according to the GAAP, the inventory should be valued at lower of cost or net realizable value
So in the given case, the inventory is purchased at €6 million and now it is estimated value is €7 million so the lower value i.e €6 million should be reported on the balance sheet.
Financial venture. even his wife was supportive. albert liked a number of riskier company
Answer:
It will be a financial disadvantage of Alternative Y over Alternative X
which menas, alternative X is better as their work is lower.
Explanation:
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<span>Among the choices the excise taxes includes: fast-food restaurants, cigarettes, alcohol, gasoline. Extract taxes once in a while basically called an extract or an extract obligation, is an expense forced on specific merchandise and enterprises. Both elected and state governments can pick what products and ventures are liable to extract charge. As an aberrant duty, the extract sum is incorporated into the aggregate price tag of the item or administration.</span>
