Central Appliance Center accumulates the following cost and market data at December 31. Inventory Categories Cost Data Market Data Cameras $12,000 $12,100 Camcorders 9,500 9,700 DVD players 14,000 12,800 Compute the lower-of-cost-or-market valuation for the company’s total inventory. The lower-of-cost-or-market value

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Refrigerant 22 in a refrigeration system enters one side of a counterflow heat exchanger at 12 bar, 28 c. the refrigerant exits at 12 bar, 20 c. a separate stream of r-22 enters the other side of the heat exchanger as saturated vapor at 2 bar and exits as superheated vapor at 2 bar. the mass flow rates of the two streams are equal. stray heat transfer from the heat exchanger to its surroundings and kinetic and potential energy effects are negligible. determine the entropy production in the heat exchanger, in kj/k per kg of refrigerant flowing. what gives rise to the entropy production in this application?

In what ways does a government regulate the marketplace?