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Rama09 [41]
3 years ago
10

Novak Corp. developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-value(LCNR

V) basis in valuing inventories: Product Cost Market A $139000 $146000 B 98000 93000 C 195000 198000 After Novak Corp. applies the LCNRV rule, the value of the inventory reported on the balance sheet would be
Business
1 answer:
never [62]3 years ago
3 0

Answer:

$427,000

Explanation:

Calculation for what the value of the inventory reported on the balance sheet would be

Value of the inventory= $139,000 + $93,000 + $195,000

Value of the inventory = $427,000

Therefore the value of the inventory reported on the balance sheet would be $427,000

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a credit entry a. is always an increase in an account. b. is always a decrease in an account. c. is recorded on the left side of
Dmitry [639]

Answer:

e. decreases asset and expense accounts, and increases liability, owner's capital, and revenue accounts.

Explanation:

credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.

7 0
3 years ago
List any four non agriculture based on occupation ​
Levart [38]

Explanation:

<em><u>Selfish: *Plz read carefully* </u></em>

<em><u>Selfish: *Plz read carefully* It's about</u></em>

<em><u>Selfish: *Plz read carefully* It's about "Sending it to all lovely friends whom u never want to lose".```</u></em>

3 0
3 years ago
Deviations from informational efficiency would result in a large cost that will be borne by all participants, namely inefficient
Masteriza [31]

Answer: False

Explanation:

Deviations from informational efficiency does in fact result in a large cost for all participants however the effects given in the question are false.

If there is a deviation from informational efficiency, overpriced companies would be viewed as performing well enough to get capital at a cheaper rate because they would be viewed as less of a risk.

Undervalued companies would get capital at a higher cost because they would be viewed as less likely to pay back the capital when in fact they are not valued at their proper value which would have shown that they would be able to pay off the capital acquired.

6 0
3 years ago
The nurse educates a client recently diagnosed with hypothyroidism about using the prescribed levothyroxine. The client has a hi
Allisa [31]

Answer:

"Irrespective of the brand of the drug I take, they are all the same"

Explanation:

Once the client mention the above to the nurse, he or she knows what the exact counsel will be needed and how to put it through to the client.

4 0
3 years ago
¿Que son costos por proceso?
vichka [17]
Process costing is an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. Costs are assigned to products, usually in a large batch, which might include an entire month's production.
5 0
3 years ago
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