subject
Business, 21.12.2019 00:31 shannydouglas

The gross profit method of inventory valuation is not valid when a. there is substantial increase in the quantity of inventory during the year. b. there is substantial increase in the cost of inventory during the year. c. the gross margin percentage changes significantly during the year. d. all ending inventory is destroyed by fire before it can be counted.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 18:00
Companies under market structures are independent
Answers: 2
question
Business, 23.06.2019 00:30
Considered to be a "super tool" or tool that has high use and high potential for improving project success?
Answers: 3
question
Business, 23.06.2019 02:10
You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?
Answers: 1
question
Business, 23.06.2019 12:30
Mason farms purchased a building for $689,000 eight years ago. six years ago, repairs costing $136,000 were made to the building. the annual taxes on the property are $11,000. the building has a current market value of $840,000 and a current book value of $494,000. the building is totally paid for and solely owned by the firm. if the company decides to use this building for a new project, what value, if any, should be included in the initial cash flow of the project for this building? $0$582,000$840,000$865,000$953,000
Answers: 3
You know the right answer?
The gross profit method of inventory valuation is not valid when a. there is substantial increase in...
Questions
question
Mathematics, 29.01.2021 22:00
question
Mathematics, 29.01.2021 22:00
question
Mathematics, 29.01.2021 22:00
question
Mathematics, 29.01.2021 22:00
Questions on the website: 13722367