if the cost of an item of inventory is 60 and the current replacement cost is 75 the amount included inventory according to the lower cost ror market is
Answers
According to the lower cost ror market, the quantity included inventory is $60.
Which account is used for inventory costs?Normally, a company's balance statement includes information about the worth of its inventory. Since the inventory account is a current asset, it will likely be sold or turned into cash within the next year. Companies can account for inventories using a variety of techniques.
What does inventory cost, using an example?The costs associated with ordering and maintaining inventory as well as handling the necessary documentation are included in inventory costs. Management considers this expense when determining how much inventory to keep on hand.
To know more about inventory visit:-
https://brainly.com/question/14184995
#SPJ4
Related Questions
where would my mom most likely hide my phone if i know most of the hiding spots?
Answers
Look in their dresser drawers, closet, or beneath their bed. A phone may be buried together in variety of locations because of its modest size. Thanks!
What does varying places mean?adverb [often a noun with an adverb] When you say there are diverse things, your mean there are various items of the type that was specified.
What is the name of the place in question?Location determined by a single geographic point is referred to as absolute location. The most typical method is to pinpoint the position by utilizing coordinates like latitude and longitude or, if one is available, by using a street address.
To know more about variety of locations visit:
https://brainly.com/question/4582827
#SPJ1
Which of the following is an individual factor that can influence attitude change?
Multiple Choice
1. program context
2. level of viewer
3. distraction
4. buying occasion
5. consumer knowledge
6. all of these
Answers
The individual factor that can influence attitude change is consumer knowledge. Therefore, the correct option is 5. Consumer knowledge.
Consumer knowledge refers to the consumer's perception of the product and its characteristics. Consumers can gain knowledge in a variety of ways, including personal experience, marketing campaigns, and the opinions of others. In terms of the purchase decision-making process, consumer knowledge is a critical determinant of whether a consumer decides to buy a product or service. It influences the way a consumer perceives an item or service, the level of trust a consumer has in a product, and the extent to which a consumer believes the information provided by marketers. When a consumer receives fresh information about a product or service, his or her level of knowledge changes, which in turn influences the consumer's attitude towards the product or service.
To learn more about consumer, visit:
https://brainly.com/question/29576179
#SPJ11
True or false: Studying business does NOT offerlany benefits for those who decide to work for a government agency or a nonprofit organization
Answers
The following question is : false
The given statement stating that "the study of business would not help in knowing about the advantages of Non-profit organizations or government agencies" would be considered:
b). False
'Non-profit Organizations' are characterized as the 'type of business organizations or set up that does not work with the aim of profit but for social welfare. Similarly, the sole motive of a government agency is also 'social welfare.' However, the workings of both the kinds of organizations(business and NPOs) are similar like the recruitment of staff or volunteers, ensuring productivity, putting the revenue back to the firm for progression of its operations, etc. Both of them have a goal of leaving the maximum impact on the people. Thus, the given statement is false as studying about business would give a very clear idea about the various processes of an organization.Learn more about 'Non-Profit Organization' here:
brainly.com/question/20260237
The benefits of a cross-functional team require joint agreement and ownership of decisions among different members which of the following is most correct?
a Enhance suppliers communication
b Enhance communication amongst functions
c Joint ownership of decisions
d Reduced time to complete tasks.
Answers
The benefits of a cross-functional team require joint agreement and ownership of decisions among different members joint ownership of decisions. Option c is correct.
The most correct option among the given choices is joint ownership of decisions. The benefits of a cross-functional team stem from the collaboration and involvement of members from different functions or departments. By having joint ownership of decisions, team members take collective responsibility and accountability for the outcomes.
This helps in fostering collaboration, alignment, and shared commitment to the team's goals. It also promotes better decision-making as different perspectives and expertise are taken into account. While options a, b, and d may also be true to some extent, they do not capture the essence of the benefits derived from joint agreement and ownership of decisions in a cross-functional team. Option c is correct.
To know more about agreement, here
https://brainly.com/question/24225827
#SPJ4
What information is necessary to calculate the after-tax return on investment (ROI)?
A.
whether the capital gains are long term or short term and the dividends are qualified or nonqualified
B.
whether the capital gains are long term or short term and which company paid the dividends
C.
whether the capital gains are from the sale of a stock or a bond
D.
whether the investment was purchased individually or through a brokerage firm
Answers
The information that is necessary to calculate the after tax return on investment is whether the capital gains are long term or short term and which company paid the dividends.
What is the after-tax return on investment ?This is a term that has to do with the profit that is made from a business venture after the tax amount has been calculated from the enterprise.
Businesses use this as a way of trying to determine the earnings that they have.
Read more on ROI https://brainly.com/question/15726451
#SPJ1
Answer:
B
Explanation:
You're welcome
What is a sales quote?
Answers
Answer:
Explanation:
A sales quote allows a prospective buyer to see the costs that will be involved for desired work.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU2. Making choices is necessary in all economic systems because:
A. there are so many products that we cannot use them all at once
B. the government has so much money that it does not know what to do with it
C. there are so many resources compared to people’s needs that we have to choose which ones not to use
D. there are so many wants compared to scarce resources that we have to decide what to produce
Answers
Explanation:
it is d because we don't have enough resources to sustain forever so we have to figure out how to make them last.
In 2009 dollars, u. S. Gdp was $1057 billion at the start of the great depression but fell to $778 billion by 1933. What percentage decline does this represent?.
Answers
The percentage decline in the US GDP from 1933 to 2009 is 26.4%.
What is the percentage change in US GDP?
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
Percentage change in GDP = (778/1057)- 1 = 26.4%
To learn more about GDP, please check: https://brainly.com/question/15225458
sbj’s adam stern identifies several people as key players in nascar’s future. which individual is mentioned as the person to watch among track owners?
Answers
The license plate number of a certain person is a simple illustration of information that may be used to tangentially identify that person. A name and a license plate number can be instantly matched by the police (a third party).
A license plate or number plate is a metal or plastic plate that is used to officially identify an automobile, truck, trailer, or other moving object. Road vehicles, including cars, trucks, and motorcycles, must have license plates in all countries. The registration identifier—a numeric or alphanumeric ID—uniquely identifies the car or its owner in the region's vehicle registry. The identifier is exclusive to a specific state or province in some countries, but not to the entire country in others. The identifier may be connected to either a person or a vehicle, depending on the issuing agency.
Learn more about license plate from
brainly.com/question/19119005
#SPJ4
Extras come from the net income minus
A. Taxes
B. Expenses
C. Savings
D. Budget
Answers
Answer:
Its B
Explanation:
I got it correct
On Sunday, Dawson's flower shop sold 25 arrangements. The materials needed for 25 arrangements cost $250. If he sold each arrangement for $55, what would the net income?
Answers
Answer:
Net Income = $1125
Explanation:
The net income is the difference between the revenue and the total costs incurred to earn that revenue. It can be calculated as follows,
Net Income = Revenue - Total costs
The revenue in the given question can be calculated by multiplying the selling price per arrangement by the number of arrangements sold.
Revenue = 55 * 25
Revenue = $1375
The total cost for materials needed for 25 arrangements is provided and there are no other costs.
Net Income = 1375 - 250
Net Income = $1125
PLEASE HURRY 20 POINTS
Henry is the local district attorney. It is his job to prosecute criminals and keep the public safe from those who might break the law again. What skill would be helpful to Henry in his career?
A.
Henry likes to build things.
B.
Henry is great at public speaking.
C.
Math problems come easy for Henry.
D.
Henry is artistic and enjoys painting.
Answers
Answer:
Henry like to build things
Answer:
B
Explanation:
lawnscape, a new landscaping company, uses the same logo and shade of green in all forms of communication including its online ads, truck signage, website, and business cards. which technique is being used by lawnscape to promote its business?
Answers
Lawnscape is using the technique of Integrated Marketing Communications (IMC).
What does IMC mean?The practice of combining marketing communication elements, such as public relations, social media, audience analytics, business growth concepts, and advertising, into a brand identity that is constant across various media channels is known as integrated marketing communication (IMC). It enables both public and private organizations and corporations to provide an enjoyable and smooth customer experience for a good or service, as well as to enhance an organization's reputation and connections with stakeholders. People with experience in integrated marketing communications may look for work throughout the marketing and communications sectors, in professions including journalism, market research and consultancy, public relations, non-profit and government, entertainment, television and radio, and other related businesses.
Integrated marketing communication includes the use of both traditional and new media. As the name implies, integrated marketing communications is a comprehensive marketing plan that takes into account the greater context of an organization's objectives as well as the necessities for business growth and upkeep. In other words, integrated marketing communications promotes the integration of these disciplines to produce a more potent and concerted approach as opposed to having marketing, advertising, public relations, social media, and consumer/audience analytics be separate teams or efforts within an organization.
For more information on IMC, follow the link: https://brainly.com/question/14332560
#SPJ4
How can the government promote socially responsible production? A. By reducing tariffs and other trade barriers B. By passing environmental-protection regulations C. By enforcing consumer-protection regulations D. By punishing anticompetitive business practices
Answers
Government can promote socially responsible production by passing environmental-protection regulations.
What is social responsibility?The purpose of social responsibility is to ensure companies complies with laws that guards the business environment.
It means that a company making profit where it operates should be socially responsible by giving out to the society.
Hence, government can promote socially responsible production by passing environmental-protection regulations.
Learn more about social responsibility here: https://brainly.com/question/1373962
#SPJ2
Answer:
Government can promote socially responsible production by passing environmental-protection regulations.
Explanation:
(100) Suppose that we have two goods, milk x and honey y with prices p_{x} and p_{y} , respectively. Lynn is consumer with income I who inexplicably views these as perfect
Answers
The specific consumption bundle and optimal quantities of milk and honey would depend on the specific prices, income, and preferences of Lynn.
Lynn, as a consumer, views milk (x) and honey (y) as perfect goods, which means that she considers them to be equally desirable and substitutable for each other. However, it is important to note that the concept of perfect goods is an idealized assumption and may not accurately reflect real-world consumer behavior.
Given Lynn's income (I), she would aim to maximize her utility or satisfaction from consuming milk and honey. To determine the optimal consumption of these goods, Lynn would consider their prices (pₓ and pᵧ) and her budget constraint.
Lynn's budget constraint can be represented by the equation: pₓx + pᵧy = I, where x and y represent the quantities of milk and honey consumed, respectively.
To find the optimal consumption bundle, Lynn would compare the marginal utilities (satisfaction gained from consuming an additional unit) of milk and honey relative to their prices. The principle of equalizing marginal utility per dollar spent suggests that Lynn should allocate her income in a way that the marginal utility per dollar spent is equal for both goods.
Therefore, the specific consumption bundle and optimal quantities of milk and honey would depend on the specific prices, income, and preferences of Lynn.
Learn more about specific prices
https://brainly.com/question/27815322
#SPJ11
Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor
Answers
Answer:
Buying an expensive piece of machinery
Explanation:
on january 15, nifty company sells merchandise on account to martinez associates for $5,000 with terms 3/10, n/30. on january 20, martinez returns merchandise worth $1,000 to nifty. on january 24, payment is received from martinez for the balance due. what is the amount of cash received assuming the discount is taken?
Answers
Nifty had received a $2,000 debt from Martinez. The $400 in goods was then returned to Nifty after 5 days. Martinez currently owes $1,600.
What is return?
The money gained or lost on an investment over time is referred to as a come back, also known as a financial return.
The nominal change in the dollar value of a investment placed above a white time can be used to express a return. The ratio of financial gain to investment can be used to calculate a return as a percentage. Returns can also be shown as net results (after costs, taxes, and inflation) or as gross returns, which only take the price change into account. Even a 401(k) investment is part of it. A exact meaning of return seems to be situational and dependent just on financial data input used to measure it, as prudent investors are aware.
When payment is made on the 24th, which falls within the 10-day discount period, Martinez is entitled to take 3% of the debt, which works out to $48 ($1,600 x 0.03).
Martinez pays $1,600 and receives $48 in cash, for a total of $1,552.
To learn more about return
https://brainly.com/question/27961144
#SPJ4
To become a successful entrepreneur, you should:
Select one:
O Prepare to risk all of your family assets.
O Plan to quit your job before starting.
O Choose a business that is in a field you enjoy.
O Expect to put down a lot of money.
Answers
anybody wanna be friends
Answers
Answer:
Meeeeeeeee
Explanation:
Also I’m bored
Answer:
I'll be ur friend, thx for the free points, stay safe, and have a great day/night!
land and a warehouse were acquired for $860,000. what amounts should be recorded in the accounting records for the land and for the warehouse if an appraisal showed the estimated values to be $520,000 for the land and $850,000 for the warehouse? (round intermediate percentage calculations to 1 decimal place.)
Answers
Based on the appraisal values, the land has a fair market value of $520,000 and the warehouse has a fair market value of $850,000. Therefore, the amounts that should be recorded in the accounting records for the land and the warehouse would be:
- Land: $520,000
- Warehouse: $850,000
It is important to note that the acquisition cost of $860,000 is not necessarily the same as the fair market value of the land and warehouse. The acquisition cost may include other costs such as legal fees, survey fees, or site preparation costs. However, in this scenario, the appraisal values provide a reliable estimate of the fair market value of the land and warehouse, and therefore should be used for accounting purposes.
It is also worth noting that if the fair market value of the land or warehouse had been lower than the acquisition cost, a loss on the acquisition would need to be recognized in the accounting records. Conversely, if the fair market value had been higher than the acquisition cost, a gain on the acquisition would need to be recognized. However, in this scenario, the fair market values are lower than the acquisition cost, and therefore no gain or loss needs to be recognized.
To know more about accounting records visit
https://brainly.com/question/28938937
#SPJ11
Product enhancements
A) do not really change the basic product.
B) include guarantees and warranties.
C) include features and options
D) reduce the number of target markets one product can satisfy.
Answers
Answer:
C or A
Explanation:
I could answer better with more context
What refers to training and empowering frontline workers to
Answers
The term that refers to training and empowering frontline workers to solve a problem immediately is "just-in-time" (JIT). Here option A is the correct answer.
JIT is a production strategy that emphasizes the importance of reducing waste, improving efficiency, and increasing productivity by providing the right resources at the right time. It aims to minimize inventory and work in progress by delivering the necessary inputs and resources exactly when and where they are needed.
In the context of problem-solving, JIT involves giving frontline workers the skills, knowledge, and tools to identify and address issues as they arise. This approach allows them to take quick action to solve problems before they escalate and become more costly to address. JIT training often includes the use of visual aids, checklists, and other tools to guide workers in identifying and resolving issues.
To learn more about just-in-time
https://brainly.com/question/30791354
#SPJ4
Complete question:
What refers to training and empowering frontline workers to solve a problem immediately?
a. just-in-time
b. poka-yoke
c. benchmarking
d. kaizen
In 2022, nina contributes 10 percent of her $100,000 annual salary to her 401(k) account. She expects to earn a 7 percent before-tax rate of return. Assuming she leaves this (and any employer contributions) in the account until she retires in 25 years, what is nina's after-tax accumulation from her 2022 contributions to her 401(k) account?
Answers
The after-tax accumulation from Nina's 2022 401(k) contributions is roughly $34,314.59.
The actions below must be taken in order to determine Nina's after-tax accumulation from her 401(k) account contributions in 2022:
Determine Nina's before-tax contribution in step one:
Assuming Nina contributes 10% of her $100,000 yearly earnings, her pre-tax contribution would be $10,000.
Determine Nina's accumulation before to taxes step two:
When Nina makes 401(k) contributions, she anticipates earning a 7% before-tax rate of return, thus her before-tax accumulation after 25 years is: $10,000 x (1 + 0.07)25 = $45,752.79
Determine Nina's after-tax growth in step Three:
We must take into account the tax ramifications of Nina's contributions and profits in order to determine her after-tax accumulation. The way Nina's 401(k) contributions and earnings are taxed will vary depending on her tax rate, when she retires, and the current tax legislation.
Nina's after-tax accumulation is $45,752.79 x (1 - 0.25) = $34,314.59 assuming a 25% tax rate.
Consequently, Nina's 401(k) account's after-tax accumulation from her 2022 contributions is roughly $34,314.59.
Learn more About after-tax accumulation at:
https://brainly.com/question/13608174
What mechanisms operate the chain of building relationship equity?
Answers
The mechanisms that operate the chain of building relationship equity include trust, commitment, communication, and customer satisfaction.
1. Trust: Establishing trust is essential in building relationship equity, as it creates a solid foundation for long-term relationships. Trust can be developed through transparency, honesty, and consistently delivering on promises.
2. Commitment: Demonstrating commitment to the relationship is crucial, as it shows that both parties are invested in maintaining and growing the partnership. This can be achieved by being reliable, meeting expectations, and working towards common goals.
3. Communication: Effective communication is key to building relationship equity, as it helps in addressing concerns, sharing information, and resolving conflicts. Regular and open communication ensures that all parties are on the same page and working collaboratively.
4. Customer satisfaction: Ensuring customer satisfaction is important for building relationship equity, as satisfied customers are more likely to remain loyal and recommend the business to others. By offering quality products or services and addressing customer needs, businesses can build strong relationships and enhance their equity.
By focusing on these mechanisms, businesses can successfully build relationship equity, leading to long-lasting and mutually beneficial partnerships.
To know more about equity visit:
brainly.com/question/25857389
#SPJ11
a circus’s goal of redesigning the circus experience is being completed through the coordination of many marketing activities, such as value pricing, a product that includes exciting performances, tent venue locations, and promotion. these activities make up the for the circuses. a. value of marketing b. marketing environment c. target market d. marketing mix
Answers
Given the information provided above, the business operations described make up the "marketing mix" of the circuses. (Option D).
What is Marketing Mix?The word "marketing mix" refers to a business foundation model that has historically been built on product, price, place, and promotion. The marketing mix is defined as "the set of marketing instruments used by the organization to pursue its marketing objectives in the target market."
The marketing mix is a method for examining the many aspects of promoting a brand and its products. It provides general rules for putting the right things in the right place, at the right time, and at the appropriate price.
Learn more about Marketing Mix:
https://brainly.com/question/859394
#SPJ1
What is the allowance provided to an employee (salon manager) in charge for a full week?
Answers
Answer:
$44.98 per week
Explanation:
This allowance is based on a working condition or a disability as part of working a shift.
What is the short-run effect on output and the price level of the fed pursuing expansionary monetary policy?
Answers
A loose or expansionary monetary policy, will tend to encourage company investment and consumer borrowing for expensive things because it will result in lower interest rates and a greater amount of loanable cash.
A number of aggregate demand components are impacted by monetary policy, which also has an impact on interest rates and the amount of loanable money. Two elements of aggregate demand will be decreased by a tight or contractionary monetary policy that results in higher interest rates and fewer loanable funds.
Because it is less desirable for businesses to borrow money, business investment will decrease. Even businesses that already have money will find that, with higher interest rates, it is relatively more desirable to invest in a financial asset than in physical capital. In addition, borrowing for expensive products like homes and cars will be less common due to rising interest rates.
Learn more about expansionary monetary policy here:
https://brainly.com/question/18939014
#SPJ4
You are the American Red Cross liaison in the Emergency Operation Center and you print up a list of the location of materials necessary to outfit the shelters. Materials stored in both facilities are adequate to meet the initial needs. Both the College and the Middle School are implementing their respective plans and are establishing necessary staffing to support the shelter requirements.
What NIMS Management Characteristic is being demonstrated?
Modular Organization
Comprehensive Resource Management
Establishment and Transfer of Command
Dispatch/Deployment
Answers
Answer:
comprehensive resource
Explanation:
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false