Inside-The-Lines Painting Company has the following two items in inventory. The company uses LIFO (last-in first-out). Item Total Cost (using LIFO) Normal Profit margin Replacement Cost Net Realizable Value Brushes $10,000 $4,000 $3,000 9,000 Canvases $15,000 $5,000 $10,000 12,000 Determine the loss recognized under the lower of cost or market method using the item-by-item approach.

What is used by accountant to analyze transactions ?

As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.

Which of the following should be considered last when searching for financing