This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the cost of an item of inventory is 60 and the current replacement cost is 75, the amount ... (Read 103 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
on: Jul 5, 2018
If the cost of an item of inventory is 60 and the current replacement cost is 75, the amount included in inventoryaccording to the lower of cost or market is
 a. 15
  b. 60
  c. 75
  d. 135

Question 2

On June 30, 2011, Xanadu Corporation issued 200,000 of 10-year, 8 bonds at 99. The bonds pay interest semi-annually on June 30 and December 31. How much cash did Xanadu receive when the bonds were issued?
 
  A) 200,000
  B) 160,000
  C) 198,000
  D) 99,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

C


jrubin

  • Member
  • Posts: 552
Reply 2 on: Jul 5, 2018
Gracias!

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Find the final amount if the initial amount is 400 units. Find the final amount if the initial amount is 400 units.
Hookup for testing fuel-pump current draw on any vehicle equipped with a fuel-pump relay. Hookup for testing fuel-pump current draw on any vehicle equipped with a fuel-pump relay.
The first step in the reprogramming procedure is to determine the current software installed using a ... The first step in the reprogramming procedure is to determine the current software installed using a ...
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ... What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ...
Video: Digestive chemicals - types & enzymes

For a complete list of videos, visit our video library