Business, 05.02.2020 13:49 arashworth9766
Almaden hardware store sells two product categories, tools and paint products. information pertaining to its 2018 year-end inventory is as follows: inventory, by product category quantity per unit cost net realizable value tools: hammers 120 $ 4.30 $ 4.80 saws 130 9.30 8.30 screwdrivers 230 1.30 1.90 paint products: 1-gallon cans 430 5.30 4.30 paint brushes 120 3.30 3.80 required: 1. determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (lcnrv) rule is applied to (a) individual products, (b) product categories, and (c) total inventory. 2. assuming that the company reports an inventory write-down as a line item in the income statement, for each of the lcnrv applications determine the amount of the loss.
Answers: 2
Business, 22.06.2019 20:50
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Business, 22.06.2019 23:30
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Business, 22.06.2019 23:50
Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?
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Business, 23.06.2019 01:10
Atariff on avocadoes the price of avocadoes, consumers' surplus for avocado buyers, producers' surplus of avocado growers and tariff revenue. because the loss to is more than the gain to there is a net loss to society.raises; decreases; increases; generates; consumers; producers and government raises; increases; decreases; does not generate; producers and government; consumers lowers; increases; decreases; does not generate; producers and government; consumers raises; increases; decreases; generates; producers; consumers and government
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Almaden hardware store sells two product categories, tools and paint products. information pertainin...
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