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

Show answers

Another question on Business

Business, 21.06.2019 16:50

Which of the following is the most important role of marketing in the process selection decision? identifying points of differentiation for mass customization. stimulating demand in developing markets. estimating and managing future demand. providing translation of the voice of the customer.

Answers: 2

Answer

Business, 21.06.2019 18:30

What’s the best type of healthcare plan

Answers: 1

Answer

Business, 21.06.2019 20:30

According to the law of demand, there is an inverse relationship between price and quantity demanded. that is, the demand curve for goods and services slopes downward. why?

Answers: 3

Answer

Business, 22.06.2019 03:30

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.

Answers: 2

Answer

You know the right answer?

Simm co. has determined its december 31 inventory on a lifo basis to be $400,000. information pertai...

Questions