Answer:
H.T. Tan Company
Computation of the Ending Inventory, using lower of cost or net realizable value:
Item Quantity (FIFO cost) Net Realizable Value Valuation
A 50 $15 $12 $600 ($12 x 50)
B 80 30 40 $2,400 ($30 x 80)
C 10 48 52 $480 ($48 x 10)
D 70 25 30 $1,750 ($25 x 70)
E 350 10 5 $1,750 ($5 x 350)
Total 560 $6,980
Explanation:
Conservatism principle requires that in valuing inventory, an entity should choose a method that does not overstate the inventory value. The LCNRV method meets this requirement. The method takes the lower of the historical cost of the goods and the market price to determine the value of inventory.
Answer:
The correct answer is letter "E": To discuss major security issues in the region.
Explanation:
The ASEAN Regional Forum (ARF) was established in 1994 by twenty-seven (27) countries mainly Asian such as <em>Cambodia, Indonesia, Philippines, Thailand, </em>and <em>Vietnam</em> with the objective of discussing security-related issues of the Indo-Pacific region so measures to ensure peace could be given. The forum had the support of the <em>European Union, Russia, </em>and <em>the United States</em> as dialogues partners.
Answer:
the three options are valid:
- Most consumers would prefer to buy products made by a company that demonstrates ethical behavior.
- Research has shown a correlation between organizations' commitment to ethics and profitability.
- Employees prefer to work for highly ethical organizations.
Explanation:
According to Accenture Strategy’s Global Consumer Pulse Research, the vast majority of consumers care about corporate actions and ethics, i.e. what the corporation says it does compared to what it really does. Also, the vast majority of consumers prefer to purchase products from ethical corporations. This is true not only because a research study says so, it is something logical.
Several researches have shown that higher corporate social responsibility results in higher profits. Basically the reasons for this correlation are the same ones as the previous statement's.
Employees, specially younger ones (40 years old and less) tend to be very concerned about working for ethical organizations and many are committed to improving ethical standards.
Information flows freely nowadays, and things that corporations could "hide" in the past, are made seen by millions in just a few minutes. Corporations aren't becoming ethical and green because they want to, they are doing so because consumers demand it.
Answer:
A
Explanation:
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Cash flow in year 0 = $-150,000
Cash flow each year from year 1 to 5 = $43,690
IRR = 14%
To find the IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Answer:
a, motivational
b, emotional
c, Rational
Explanation:
Employees engagement is level to which an employee has passion for his/her job (motivation), commitment to the firm (emotion) as well as his/her rational input in his/her efforts (rationality or use of discretion).
Employee engagement could be mistaken for employee satisfaction but they are not related.
