When applying lower of cost or market under the LIFO or retail inventory method, market value should not be less than
A) ?replacement value.
B) ?net realizable value.
C) ?net realizable value less an allowance for a normal profit margin.
D) ?replacement value less an allowance for a normal profit margin.
C
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Today, the "mass market" is actually splintering into numerous segments, each with its own wants, perceptions, preferences, and buying criteria. This implies that ________
A) the traditional marketing approach would be the best approach to follow B) the producers must consider themselves as a part of the value-chain process C) the producers should focus on niche markets D) all market segments are equally profitable E) target market strategies are no longer effective
The budget assumes that 60% of commission expenses are paid in the month they were incurred, and the remaining 40% are paid one month later. In addition, 50% of salaries expenses are paid in the month incurred and the remaining 50% are paid one month later. Miscellaneous expenses, rent expense, and utilities expenses are assumed to be paid in the same month in which they are incurred. Insurance was prepaid for the year on January 1. How much is the total of the budgeted cash payments for selling and administrative expenses for the month of May?
A manufacturing company's budgeted income statement includes the following data:
A) $50,900
B) $56,600
C) $54,600
D) $45,200
A corporation formed in one country but doing business in the United States is referred to in the United States as a(n) ________ corporation
A) domestic B) alien C) foreign D) Subchapter S
According to ______ contingency model of leadership, a leader’s personality influences the leader’s behavior style (task or relationship oriented) and that the situation moderates the relationship between the leader’s style and effectiveness.
A. GLOBE B. implicit C. trait D. Fiedler’s