On April 1, a company purchased two units of inventory, A and B. The cost of unit A was $635, and the cost of unit B was $595. On April 30, the company had not sold the inventory. The net realizable value of unit A was now $650 while the net realizable value of unit B was $510. The adjustment associated with the lower of cost and net realizable value on April 30 will be:

1. Cost of Goods Sold 70 Inventory 70
2. Inventory 70 Cost of Goods Sold 70
3. Cost of Goods Sold 85 Inventory 85
4. Inventory 85 Cost of Goods Sold 85

In business,what would be the input, conversion and output of operating a summer band camp

Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a school of industrial relations, are arguing over health insurance. the following dialogue shows an excerpt from their debate: lucia: a popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. kenji: i think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. lucia: i disagree. i think government funding of health insurance is useful to ensure basic fairness. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? lawyers make up an excessive percentage of elected officials. minimum wage laws do more to harm low-skilled workers than them. tariffs and import quotas generally reduce economic welfare.

After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.