Business, 15.10.2019 22:30 isaiahcannon2803

In conversation with the president of widget tek inc., you have learned that much of the company’s inventory consists of older widget tek inc. models. these older models sell for less than the newer widget tek inc. models, but customers strongly prefer the newer models. the company believes that the net realizable value of the older inventory is less than its value in the subsidiary inventory ledger. considering all of the information you have about widget tek inc., answer the following questions. 1. to better account for the older inventory, the president of widget tek inc. wonders whether the inventory should be valued using a different method. do you agree, and why or why not? no, because will . 2. will a change in inventory method increase a company’s net income on its financial statements? . 3. when is inventory not valued at cost? because an average is used, weighted average does not value inventory at cost.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 06:30, kbows12

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

Answers: 1

continue

Business, 22.06.2019 17:00, kiahbryant12

Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?

Answers: 2

continue

Business, 22.06.2019 20:20, tytybruce2

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?

Answers: 3

continue

Business, 22.06.2019 22:20, PrisonKing3749

David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e. g., a subscript can be created with the _ character.)

Answers: 1

continue

You know the right answer?

In conversation with the president of widget tek inc., you have learned that much of the company’s i...