On April 1, a company purchased two units of inventory, A and B. The cost of unit A was $640, and the cost of unit B was $560. On April 30, the company had not sold the inventory. The net realizable value of unit A was now $650 while the net realizable value of unit B was $485. The adjustment associated with the lower of cost and net realizable value on April 30 will be:

A. Cost of Gouds Sold 60
Inventory 60

B. Inventory 60
Coat of Goods Sold 60

C. Cost of Goods sold 75
Inventory 75

D. Inventory 75
Cost of Goods Sold 75

Answer the above statement is ( true );

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Competitive intelligence activities occur so that a company can use information about a competitor's new products to  develop superior marketing strategies for its own products.  when talking about  competitive intelligence, an easy way to  remember  these terms are to know your  enemy. when having  competitive intelligence it's allowing information you find out about other companies and how they run their company, the risks they have come in contact with and  opportunities they  haven't taken and figure out how to use them to your advantage. always be  smarter than your  competition.