Lorraine co. has determined its fiscal year-end inventory on a lifo basis to be $400,000. information pertaining to that inventory follows: estimated selling price $408,000 estimated cost of disposal 20,000 normal profit margin 60,000 current replacement cost 360,000 lorraine records losses that result from applying the lower-of-cost-or-market (lcm) rule. at its year end, what should be the net carrying value of lorraine’s inventory?

Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.

You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?