Business, 27.06.2019 19:50 RealSavage4Life
Acompany has the following per unit original costs and replacement costs for its inventory. lcm is applied to individual items. part a: 50 units with a cost of $5, and replacement cost of $4.50, part b: 75 units with a cost of $6, and replacement cost of $6.50, part c: 160 units with a cost of $3, and replacement cost of $2.50. under the lower of cost or market method, the total value of this company's ending inventory is:
Answers: 2
Business, 23.06.2019 02:40
Telecom co. enters into a two-year contract with a customer to provide wireless service (voice and data) for $40 per month. to induce customers, telecom co. provides a free phone. telecom co. normally sells the phone on a stand-alone basis for $200. telecom co. also charges the customer a one-time activation fee of $35.which of the following is true? a) there are two distinct performance obligations: the voice service and the data service b) the free phone constitutes as a marketing expense c) the activation fee is a separate performance obligationd) there are two distinct performance obligations: the wireless services and the phone
Answers: 2
Business, 23.06.2019 06:30
Afinance company wants to upgrade its accounting software to a higher version. this version change requires a change in data formats. which method represents a change in data formats?
Answers: 1
Acompany has the following per unit original costs and replacement costs for its inventory. lcm is a...
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