Business, 16.10.2019 17:30 maelonramirez
Acompany reports inventory using the lower of cost and net realizable value. below is information related to its year-end inventory: inventory quantity cost nrv unit a 14 $ 38 $ 40 unit b 22 42 39 unit c 16 27 31 unit d 19 18 17 a. calculate ending inventory under the lower of cost and net realizable value. b. prepare the necessary adjusting entry to inventory. (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)
Answers: 1
Business, 22.06.2019 02:30
Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls
Answers: 3
Business, 23.06.2019 02:10
Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.
Answers: 1
Acompany reports inventory using the lower of cost and net realizable value. below is information re...
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