The Maxa Company normally sells its inventory at a 20% profit margin on sales. In 2016, the net realizable value of inventory purchased for $75,000 declined to $66,000. There are no costs to complete and dispose of this inventory. Using the LIFO method what is the floor constraint on the valuation of this inventory using the lower of cost or market rule?
A) $60,000
B) $66,000
C) $79,200
D) $52,800
D
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Identify the correct statement about differentiation
A) It usually implies lower costs for the customers. B) For highly technical products, differentiation is built solely on the basis of perception. C) It is based on obtaining an observable point of difference that customers will value. D) Consumer products are usually differentiated through real difference.
Burdick Corporation has provided the following financial data from its balance sheet: Year 2Year 1Accounts receivable, net$266,000 $250,000 Inventory$162,000 $190,000 Total assets$1,415,000 $1,390,000 Total stockholders' equity$991,000 $970,000 Sales (all on account) in Year 2 amounted to $1,410,000 and the cost of goods sold was $860,000.The company's operating cycle for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. 10.4 days B. 79.5 days C. 72.2 days D. 141.3 days
A critical element to performance measurement metrics is
A. customer input. B. employee training. C. production efficiency. D. employee input. E. CRM programs.
A broker who discourages minority buyers by temporarily removing houses from the market in certain areas has engaged in: A)?Blockbusting
B)?Redlining. C)?Steering. D)?All of the above