Business, 20.12.2019 04:31 fabiolafrancklin10
Simm co. has determined its december 31 inventory on a lifo basis to be $400,000. information pertaining to the inventory follows: estimated selling price $408,000 estimated cost of disposal 20,000 normal profit margin 60,000 current replacement cost 390,000 at december 31, what should be the amount of simm’s inventory?
Answers: 2
Business, 22.06.2019 03:00
Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance
Answers: 1
Business, 22.06.2019 12:20
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
Business, 22.06.2019 18:00
Match the different financial task to their corresponding financial life cycle phases
Answers: 3
Business, 22.06.2019 18:10
Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?
Answers: 1
Simm co. has determined its december 31 inventory on a lifo basis to be $400,000. information pertai...
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