Answer:
Revenue could be of amount $33,836,000
Explanation:
As the selling price is not given in the question, only the cost of the inventory is given, So,
We assume that the Sales quantity is X and the Selling Price per unit be Y
Then,
Sales = X × Y ............... Equation (1)
Less : COSG = $33,836,000 ................ Equation (2)
Net Income = 1 - 2
If the selling price is equal to the cost of the inventory which is $33,836,000. So, the only revenue which is to be added is the amount of $33,836,000.
Note: It totally depend or grounded on the Sales value.
Answer: a. She fraudulently concealed or destroyed financial records during the course of the bankruptcy.
Explanation:
Fraudulently concealing or destroying financial records during a bankruptcy is one of the chief reasons why a discharge could be DENIED. It proves dishonesty and a lack of remorse.
It is always best to be upfront with the court to avoid getting into such issues.
Other reasons include violating court orders and giving false statements.
Answer:
Medical profession is very sensitive and intellectual where human life is at risk. A successful effort of a doctor can save a life. Due to that, a doctor is known as 2nd God. When he attempts a major and long surgery, his endurance, hard work and mental ability spotlight his character.
Answer: 4,100
Explanation: the equation for calculating GDP is (C+I+G+NX) first you would subtract the exports and imports to get 100, then you add 2,000+1,000+1,000+100 which equals 4,100
Answer:
The correct option is A,market cannot be less than net realizable value minus a normal profit margin
Explanation:
In determining the lower of cost and market value,the cost of the item of inventory is compared with market facing prices.
The market facing prices are the net realizable value and replacement of the item,in essence lower of net realizable and replacement cost is compared with cost of the item in order to determine the value at which the inventory is to be valued.
Overall,the lower of net realizable and replacement cost should not be lower than the net realizable value minus a normal profit margin
