Which of the following statements does not accurately describe the lower of cost or net realizable value valuation method for inventory? Multiple Choice The journal entry to write down inventory increases cost of goods sold. The journal entry to write down inventory does not affect pretax income. The journal entry to write down inventory decreases gross profit. The journal entry to write down inventory decreases current assets.

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.