Answer:
Unit value would be $24
Explanation:
Lower of cost is the method which is described as where the inventory that should be recorded at the lowest or the net realizable value (NRV). This method is linked with the principle or the guideline of conservatism.
When Ross is applying the method of lower of cost or net realizable value, to the ending inventory, the unit value would the cost per unit that is $24 and the selling price which is to be taken is $9 as it is the lowest.
I am pretty sure it would be the first 2 but I am not the best at this. I am so sorry if this isn't correct!!
Answer: Opening an account with a mutual fund family, then investing in an open ended S&P 500 index mutual fund each month.
Explanation: The problem with the ETF is the "commission" that wil reduce my investment in $ 5 each month; my investment will be $100-$5 =$95 which is less than $100 each month in a mutual fund.
Answer:
This can be a positive challenge for Peter's career, as by taking on Thomas he will handle different tasks and job challenges, and by taking on the new responsibilities effectively, he will be able to be more recognized in the organization he works with and gain more trust from your superiors and Thomas, which is a positive point in the work environment that can lead to future promotions.
