Kincaid company applies the lower-of-cost-or-market rule to each individual item in its ending inventory. the company determines that it must write down its inventory by $4,000. which of the following answers reflects how this inventory write-down would affect kincaid’s financial statements?

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.

What’s the question exactly? i’d love to ! : )