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Rama09 [41]
2 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]2 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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If a central bank wants to counter the change in the price level caused by an adverse supply shock, it could change the money su
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Aggregate demand left.

<h3>What Is a Supply Shock?</h3>

A supply shock is an unanticipated occurrence that abruptly alters the supply of a good or commodity, causing an unanticipated shift in price. Supply shocks can be positive, resulting in an increased supply, or negative, resulting in a lower supply; however, they are frequently negative. A negative (or adverse) supply shock drives up the price of a product, whereas a positive supply shock drives it down, assuming that overall demand remains constant.

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American energy review reported that 27% of american households burn wood. if a random sample of 500 american households is sele
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This is binomial distribution problem. <span>
We are given that:</span>

n = sample size = 500

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q = proportion which does not burn wood = 1-p = 0.73 

<span>
A. Mean is calculated as:</span>

Mean = n*p

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<span>
B. Variance is calculated as:</span>

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<span>
C. Standard deviation is calculated as:</span>

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