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3 years ago

The most likely effect of a write-down of inventory to net realizable on a firm's total asset turnover is:

1 answer:

7 0

<span>The most likely effect of a write-down of inventory to net realizable on a firm's total asset turnover is an increase.

</span>A write-down of inventory to net realizable value is typically recognized as an increase in cost of goods sold in the period of the write-down, according the <span>inventory equation:
</span><span>ending inv</span>entory = beginning inventory + purchases - cost of goods sold

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When higher prices result in a lower quantity demanded, economists call this relationship: a. the law of quantity. b. the demand

Zanzabum

Answer:

d. the law of demand

Explanation:

One of the foundations of current economy, the inversely proportional relationship between prices and quantity demanded, that is, the higher the price the lower the demand, is known by economists as the law of demand.

This law is a key factor in the determination of prices of goods and services that we see each day and reflects the decrease in the marginal utility of each extra unit with an increase in price.

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3 years ago

In newspaper advertising, ________ advertising includes copy, illustrations or photos, headlines, coupons, and other visual comp

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Answer: Display

Explanation: Display advertising is a form of commercial solicitation that is made to sell some commodity, service or similar and is typically designed as an image or a photo. As such, it employs the use of visuals like images, copy, illustrations or photos, headlines, coupons, videos and other visual components on the networks of publishers.

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3 years ago

This assignment requires the application of your understanding of how the federal budget deficit affects economic variables.

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The impact of a federal budget deficit on interest rates and the trade balance is that it can bring about the inflow of foreign financial capital as well as a better exchange rate.

<h3>How can budget deficit have effect on trade balance?</h3>

When there is a stronger exchange rate there will be a little bit difficult for all the exporters that want to sell their goods to foreign countries, and at this time the imports will become cheaper.

In this case, trade deficit will definitely bring about an inflow of foreign financial capital as well as a good exchange rate.

Learn more about budget deficit on:

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2 years ago

On September 15, 2021, Oliver's Mortuary received a $3,600, nine-month note bearing interest at an annual rate of 14% from the e

pentagon [3]

Answer:

The Journal entry is as follows:

On December 31, 2021

Interest Receivable A/c Dr. $147

To Interest revenue A/c $147

(To record the interest receivable)

Working notes:

Interest Receivable:

= Amount received × Annual rate of interest × Time period

= $3,600 × (14% ÷ 12) × 3.5

= $3,600 × 0.01167 × 3.5

= $147

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3 years ago

The news division of WEXS Channel 10 wanted to hire a new morning news anchor. As part of the interview process, candidates were

jolli1 [7]

Answer:B

Explanation: The WEXS Channel 10 wanted to see how well the candidates would perform with a story that was given to them.

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3 years ago