Answer:
$360,000
Explanation:
Inventory item = 10,000 units
Cost per unit = $40
Selling price per unit = $60
Inventory should be recorded cost or net realization value which ever is less.
Net realization value = Selling price per unit - cost to sell
= $60 - $24
= $36 per unit
Therefore, the amount should the 10,000 units of inventory be reported at on the December 31, 2019 balance sheet is:
= 10,000 units × $36 per unit
= $360,000
The duties described are along the lines of someone who is tasked with the role of <u>Portfolio Management.</u>
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<h3>What is Portfolio Management?</h3>
- Refers to a method of making company operations more efficient.
- Is done by aligning related components of the organization into several portfolios and sub portfolios.
In conclusion, you are engaging in portfolio management as you are organizing parts of the company into portfolios for optimization and efficiency.
Find out more on portfolio management at brainly.com/question/2758250.
Amniocentesis may be preferred over chorionic villus sampling[ CVS] for karyotyping because AMNIOCENTESIS HAS A LOWER RISK OF MISCARRIAGE THAN CVS. Both amniocentesis and CVS are tests used to analyse fetal cells in order to determine if the fetus has chromosomal defects. Each of the test has their own advantages and disadvantages. One of the advantage of amniocentesis is that the miscarriage rate associated with it is lower than that of the CVS.
Answer:
Part (a) The shareholders equity is $145,000
Part (b) Option B best describes the balance sheet
Explanation:
Part (a)
Equity can be calculated from the following formula:
Equity = Assets - Liabilities
By putting the values, we have:
Equity = ($10,000 cash + $200,000 Store + $100,000 Property + $22,000 Accounts receivable) - ($17,000 Accounts payable + $170,000 Long-term debt)
Equity = $332,000 + $ $187,000 = $145,000
Part (b)
The reason is that the balance sheet presents the financial position of the company and financial position means how much the company is worth?, how much it has to pay its debts? and how much it has financed assets from its personal funds (equity and retained earnings). Balance sheets are published at the end of each accounting period. So option b is correct option here.
An example of the projected increase in the world economy from the recent Doha round of world trade organization negotiations is $160 billion to $385 billion per year
The Doha Round is the most recent round of trade talks among WTO members.
Its goal is to significantly modify the international trading system by lowering trade barriers and revising trade laws.
The labor program spans approximately 20 trade categories.
The Round is also known semi-officially as the Doha Development Agenda because one of its primary goals is to boost developing countries' trading prospects.
The Round was officially begun in November 2001 at the WTO's Fourth Ministerial Conference in Doha, Qatar. The Doha Ministerial Declaration established the framework for prior agreements, including those on agriculture, services, and intellectual property.
Hence, the answer is $160 billion to $385 billion per year.
Learn more about world trade organization:
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