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Nonamiya [84]
2 years ago
5

The adjusting entry to decrease merchandise inventory due to lcm computations, includes

Business
1 answer:
AnnyKZ [126]2 years ago
4 0

The adjusting entry to decrease the merchandise inventory under <em>the lower of cost or market value computations</em> includes a debit to the Cost of Goods Sold and a credit to the Merchandise Inventory.

The <em>Lower of Cost or Market Value</em> determines the value of inventory based on either the cost of the item or the market value, whichever is lower.

Thus, since the merchandise inventory decreases by the entry, the cost must be higher than the market value.

Learn more: brainly.com/question/16015410

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Five principles of marketing food items
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Explanation: The 5 P's of Marketing – Product, Price, Promotion, Place, and People – are key marketing elements used to position a business strategically.

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黑。Will someone help me come up with a name for my product?
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Pablo gets his dog’s hair cut every month. He pays $10 a cut, once a month. The salon is offering a new sale. The sale offers 1
irinina [24]

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Yes , Pablo should get the new sale price

Explanation:

Before the new offer, Pablo spends a total of $30 for three months.

( $10 x 3 months).

With the new offer, It will cost Pablo $25 in hair cuts for three months.

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3 years ago
Which of the following statements are true about organizational culture? Check all that applya. Employees may be unaware of the
erma4kov [3.2K]

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statements "a" "b" and "d" are true

Explanation:

The <u>statements "a" "b" and "d" are true</u> because employees may be uninformed of the underlying hypotheses that supervise an organization's culture. Culture can generate ambitious resources for a company. The actions managers exert can improve a company's culture. Organizational culture encompasses values and practices that provide the different social furthermore psychological situation of a company. The organizational culture changes the way people communicate, the circumstances within which culture is created, the revolution they will have towards specific changes, and presently the way they participate.

6 0
4 years ago
James Corporation is planning to issue bonds with a face value of $500,000 and a coupon rate of 6 percent. The bonds mature in 1
Anestetic [448]

Answer:

Case A $581,757.17  

Case B $500,000.00  

Case C $416,910.21  

Explanation:

Current price of a bond

The market price of a bond can be computed using the pv formula in excel, which is given as :

=pv(rate,nper,pmt,fv)

Where rate is the yield to maturity on the bond divided by 2 since the bond in question is semi-annual interest paying bond i.e

Case A 4%/2=2%

Case B 6%/2=3%

Case C 8.5%/2=4.25%

The nper is the time to maturity of the bond multiplied by 2 for the same reason cited for yield to maturity  i.e 10 years *2=20

The pmt is the semi-annual coupon interest payable by the bond i.e 6%/2*$500,000=$15,000

The fv is the future value of the bond given as $500,000

Case A

=-pv(2%,20,15000,500000)

Pv= 581,757.17  

Case B

=-pv(3%,20,15000,500000)

PV=$$500,000.00  

Case C

=-pv(4.25%,20,15000,500000)

PV=$416,910.21  

8 0
3 years ago
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