Data related to the inventories of mountain ski equipment and supplies is presented below:

skis boots apparel supplies
selling price $ 180,000 $ 150,000 $ 120,000 $ 60,000
cost 128,000 133,000 90,000 48,000
replacement cost 120,000 130,000 110,000 50,000
sales commission 10 % 10 % 10 % 10 %
normal gross profit ratio 20 % 20 % 15 % 15
%

in applying the lower of cost or market rule, the inventory of boots would be valued at:

a) $135,000

b) $133,000

c) $130,000

d) $105,000

About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Double corporation acquired all of the common stock of simple company for