An adjustment to ending inventory under the lower of cost or market/net realizable value (LCM/NRV) rule would be least likely to be recorded by a company that sells:

A. a fad product like Slap Wraps bracelets.
B. high-tech goods like cell phones.
C. a household staple like laundry detergent.
D. seasonal items like snow blowers.


Answer: C

Business

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Demographic changes should be monitored by marketing managers because:

A) they may find growth opportunities. B) it might effect a regulatory change. C) it might impact raw materials' prices. D) it might help to reduce production costs

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The two principal means by which firms achieve synergy through market power are: pooled negotiating power and corporate parenting.

Answer the following statement true (T) or false (F)

Business

Which of the following contributes to high project risk?

A. Probability of failure is low. B. If the project fails, the results can be easily rectified. C. The project is fully insured against failure. D. Consequences of project failure are serious.

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Analysts often use a company's dividend growth rate as a measurement for it P/E ratio

Indicate whether the statement is true or false.

Business